A Bitcoin whale sold 410.14 BTC (approximately $34.16 million) on the decentralized trading protocol Hyperliquid before buying 14,341 ETH (approximately $36.14 million) via decentralized exchanges. Ethereum’s price is currently hovering around $2,553, up 1.85% in 24 hours compared to 0.93% for Bitcoin, although ETH remains down 6.36% over seven days. The Ethereum futures market shows a volume of $23.15 billion in 24 hours with an open interest of $32.06 billion. Short position liquidations accounted for $38.11 million out of a total of $48.12 million, suggesting bullish sentiment. The whale’s identity and motives behind these moves remain unknown.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
