While the cryptocurrency market continues its upward trend, high-volume transactions made by some whales attracted the attention of investors. An anonymous whale deposited 20.5 million USDC into the decentralized derivatives exchange Hyperliquid, creating numerous new wallets. These wallets opened short positions on Ethereum (ETH), Bitcoin (BTC), Solana (SOL), HYPE, Dogecoin (DOGE), Fartcoin, and several other tokens. Meanwhile, some whales have begun to seriously accumulate Story (IP) tokens. Just minutes apart, a whale with address 0x385D bought 857,192 IP worth $3.8 million, while another whale with address 0xE0e6 spent $3.61 million for 814,523 IP tokens. A whale with the address 0x8373 also opened a $2.13 million short position on the PUMP token with 3x leverage. The liquidation price for this trade was set at $0.00735. Whale activity isn't limited to short positions. A newly created wallet also deposited 5.5 million USDC into Hyperliquid, purchasing 118,856 HYPE tokens at an average price of $46.27. Large purchases are also notable in the Memecoin market. Yesterday, an investor spent 4.5 million USDT to purchase 349.02 billion PEPE tokens. This whale currently holds a total of 508.75 billion PEPE, worth $6.23 million. *This is not investment advice.
As Bitcoin Matures, Volatility Drops—So Expect Slower Climbs, Say Experts
2 hour ago
Pump.fun ICO raises record $500 million in 12 minutes as whales go big
2 hour ago
Another BTC Mining Firm Moves Into Ethereum Reserve, Hailing ETH as ‘Digital Gold’
2 hour ago
US President Donald Trump is Back at It Again Over the Weekend: Announces Major Tariffs
2 hour ago
Number of XRP Whales at All-Time High, Ethereum Whales at Threshold Not Seen Since 2017 – What’s Happening? Here’s What Analysts Say
3 hour ago
Investors have committed $16 million to Bitcoin futures, Bank of Russia report
3 hour ago