Giant Whale Plays Big in Bitcoin, ETH, Pepe, and This Altcoin: Has a Massive Position!
One of the famous whales in the cryptocurrency market has attracted attention by opening a massive position worth a total of 120.8 million dollars on the Hyperliquid platform with great expectations of a rise.
According to data shared by Spot On Chain, this whale has taken long positions at maximum leverage levels in Bitcoin (BTC), Ethereum (ETH), HYPE, and Pepe (PEPE) cryptocurrencies. The whale made an aggressive entry into the market using 40x leverage in BTC, 25x in ETH, and 10x in both HYPE and PEPE. It has already made approximately 1.17 million dollars in profit from its current position.
The whale also stands out as a significant HYPE token investor. Holding a total of 501,796 HYPE tokens in its wallet, the current market value of this investment is approximately 23.35 million dollars. The unrealized gains from the whale's HYPE position have reached a staggering 12.48 million dollars, which is 115%.
The HYPE token, which has become the focus of crypto whales, is known for its high volatility and popularity. The whale's aggressive positions are also raising expectations that there may soon be significant movements in the market. Experts state that such moves carry important signals about the market direction.
While the outcome of this giant move in the market is eagerly awaited, investors are closely monitoring the whale's movements.$PEPE
