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A whale address sold approximately $5.5 million worth of ETH spot, then switched to full leveraged 7x ETH long position
By: theblockbeats.news|2025/12/10 16:15:58
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BlockBeats News, December 10th, according to LookIntoChain monitoring, the whale address 0x76AB, after selling ETH spot, instead turned to leverage long ETH. The specific operation is as follows:
· Sold 1,654 ETH, receiving 5.49 million USDC;
· Deposited the received USDC into the Hyperliquid platform;
· Opened a 7x leveraged long position, corresponding to 11,543 ETH (valued at approximately $38.4 million).
The liquidation price of this leverage position is $2,907.6.
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