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A wallet exchanged 1,863 ETH for 4.06 million USDC and deposited them into HyperLiquid to open a long position on BTC, with a current floating profit of $589,000
2025-03-06 06:40

Odaily News According to Lookonchain monitoring, a wallet that had been dormant for two years sold 1,863 ETH at an average price of US$2,181 in nearly an hour, earning 4.06 million USDC.
The address then deposited 4.06 million USDC into Hyperliquid, and went long on BTC at $89,930 with 20x leverage, with a floating profit of $589,000 and a liquidation price of $75,186.