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Mysterious 50X Ethereum Whale Who Earned $16 Million in a Short Time Opened a Long Position in a New Altcoin!

source-logo  en.bitcoinsistemi.com  + 1 more 14 March 2025 16:56, UTC
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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 ($ETH) leveraged trades during the sharp declines, opened his new position for Chainlink ($LINK).

According to Spot on Chain's post, the mysterious whale, which previously opened long and short positions in Bitcoin, Ethereum, $HYPE and YGG 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 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, $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.

en.bitcoinsistemi.com

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