Based on BitcoinWorld, a Bitcoin OG known as address 1011short has opened a $44.15 million leveraged ETH long position on Hyperliquid using 5x leverage. The trader deposited 10 million USDC to secure the position, following a previous $2.8 million profit from Ethereum trades. The move signals strong confidence in Ethereum's upward trajectory and highlights the trader's belief in positive technical and fundamental developments in the Ethereum ecosystem.
Bitcoin OG Places $44.15M Leveraged ETH Long on Hyperliquid
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