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A Whale Who Made 15 Million Dollars by Opening 50x Leverage Returned Two Weeks Later! He Opened a Long with 20x Leverage on This Altcoin!
As the tariff tension between the US and China continues, Bitcoin, Ethereum and altcoins are experiencing sharp get dumped.
Bitcoin has dropped below $75,000 for the first time since November 2024, while Ethereum has fallen below $1,500 for the first time in 2 years.
BTC and ETH continue to show signs of weakness while the market's Hyperliquid 50x whale, known as the giant whale, has moved again.
As a reminder, this whale had previously opened a position on Hyperliquid with 50x leverage during the earlier dips and had made 15 million dollars.
The Hyperliquid whale opened a long position on ETH with 20x leverage after being inactive for about two weeks.
The position size was approximately 32,875.676 ETH (, 14.62 million dollars ) and the liquidation price was 1,398.9 dollars.
Let's see if the big whale will come out with a loss or a profit from the high volatility in the market; time will tell.