The giant whale, who made a name for himself with his successful transactions in the volatile market, opened a leveraged transaction again.
The mysterious whale, who attracted attention with his Ethereum (ETH ($1,921.55)) leveraged trades during the sharp declines, opened his new position for Chainlink (LINK ($14.33)).
According to Spot on Chain’s post, the mysterious whale, which previously opened long and short positions in Bitcoin, Ethereum, HYPE ($14.24) and YGG ($0.20) and earned $16.4 million, this time opened a long position in LINK.
According to the data, the whale, who deposited approximately $2.8 million worth of USDC ($1.00) to the Hyperliquid exchange, opened a long position for LINK with 10x leverage with this money.
The “50x ETH” whale that cost Hyperliquid $4 million is back; this time he’s betting big on LINK!
The whale opened a long position in LINK with 2.875M USDC on Hyperliquid with 10x leverage in the last 45 minutes.
Since February 7, this investor has earned $16.4 million by quickly turning long/short positions on ETH, BTC ($84,597.47), HYPE, and YGG on Hyperliquid.
Will this LINK long also pay off?”
The same whale also spent 7.1M USDC to purchase 506,226 LINK at the average price of $14.03.
He sold 1,108.83 ETH for 2.1M USDC and pulled another $5M USDC from Spark for purchases, but the whale’s LINK position is currently at a loss of around $194K.
The “50x ETH” whale that cost Hyperliquid $4M is back—this time betting big on $LINK!
In the past 45 minutes, the whale deposited 2.875M $USDC to #Hyperliquid to open a $LINK long position with 10x leverage.
Since Feb 7, this trader has raked in $16.4M, flipping quick… https://t.co/bTFDS2lmLB pic.twitter.com/Hm83o0VKPj
— Spot On Chain (@spotonchain) March 14, 2025
*This is not investment advice.
Continue Reading: Mysterious 50X Ethereum Whale Who Earned $16 Million in a Short Time Opened a Long Position in a New Altcoin!