7-year-sleeping Whale awakens: 15,000 BTC dumping Hyperliquid turns to go long 23,000 ETH

On August 21, according to monitoring by [区块律动], a wallet that withdrew 15,000 BTC from a certain platform 7 years ago (worth 95 million USD at that time) has started selling these BTC on Hyperliquid. In the past 8 hours, it has deposited about 550 BTC (worth 62 million USD) into Hyperliquid and is in the process of selling.

This led to a sudden drop of 200 basis points in BTC on Hyperliquid, resulting in a 30 basis point discount compared to prices on other exchanges. Subsequently, he opened a long position of 23,000 ETH (approximately $99 million) using the funds obtained from selling BTC.

BTC-1.2%
HYPE-2.6%
ETH-1.72%
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GasFeeAssassinvip
· 23h ago
Big whales are also going to buy the dip ETH.
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PretendingSeriousvip
· 23h ago
Ethereum is about to take off.
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MonkeySeeMonkeyDovip
· 23h ago
The long order for ETH is coming.
View OriginalReply0
CryptoAdventurervip
· 23h ago
Pro lead in copy trading is really great
View OriginalReply0
NotGonnaMakeItvip
· 23h ago
Another wise turn
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wagmi_eventuallyvip
· 23h ago
Pro has a different way of playing.
View OriginalReply0
NFTDreamervip
· 23h ago
Wow, ETH is going to da moon
View OriginalReply0
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