According to the latest report from COINOTAG, on-chain analyst Yujin revealed that a "whale" used 50x leverage on Hyperliquid to purchase 3,715.5 ETH at a price of $1,493.5 on April 7, worth approximately $5.5 million. However, this "whale" subsequently remained in a prolonged state of low activity until the recent upward momentum in the Ethereum market prompted a strategic profit-taking decision.
Just an hour ago, this investor closed their position by selling 3,724 ETH, worth approximately $9.29 million, realizing a profit of $3.747 million, with a return rate of up to 67%. This transaction highlights the current volatility and potential profitability of the cryptocurrency market, as well as how wise trading strategies can lead to substantial financial returns.
