The cryptocurrency market has seen significant whale activity in recent hours. According to on-chain data, millions of dollars in transfers, leveraged transactions, and massive sell-offs have occurred. A whale deposited $5.45 million worth of USDC into the HyperLiquid exchange, opening 20x leveraged long positions on ETH, 40x leveraged long positions on BTC, and 10x leveraged long positions on HYPE, LINK, AAVE, and MKR. At the same time, in another transaction, the whale sold 123,500 LINK for $3.13 million in USDC at a price of $25.36. The USDC was sent through TrustWallet to generate returns on Compound and Aave. Despite this, the whale still holds 425,000 LINK, worth approximately $10.8 million. In the last 48 hours, another whale deposited $15.47 million in USDC and opened long positions in BTC (20x) and BNB (10x). He also has open buy orders for ETH, SOL, LINK, and FARTCOIN. Related News: What Do On-Chain Data Show on Ethereum (ETH) Now? Analysts Warned Another whale, who had been inactive for 8 months, returned to the market, deposited $1.56 million in USDC and opened a 1x leveraged long position for WLFI. The Coinbase hacker, who stole over $300 million in funds, purchased 38,126 SOL (approximately $8 million) in recent hours. In another notable transaction, a whale deposited 1,400 ETH (approximately $6.63 million) into Kraken, generating a $102 million profit. Nine years ago, this whale acquired 24,959 ETH through Kraken and ShapeShift for just $258,000. Currently, he still holds 13,477 ETH (approximately $64.52 million), 877 ETH of which is held in another wallet and 140 ETH staked. *This is not investment advice. Continue Reading: Whales Have Been Very Active in Recent Hours: Here Are the Altcoins They Are Trading
