According to Lookonchain, a giant whale address that had been quiet for 4 years suddenly became active recently, and 2.96 million USDC was extracted from Coinbase and stored in Hyperliquid.
The address then took a highly leveraged short position on ETH, PEPE, WIF and OP, achieving a profit of over $2.40 million within four hours.
Data: 4 years of silence, giant whales wake up, short ETH and other assets profit 2.40 million dollars
2025-05-17 02:13:11
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