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Whale sells 50 BTC, buys 1,693 ETH, and opens a 10x long position on LINK

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A whale address (0x083) sold 50 BTC for approximately $3.52 million and purchased 1,693 ETH, now holding 5,698 ETH valued at $11.92 million. The address also deposited $700,000 in USDC into HyperLiquid and opened a 10x long position on LINK. This move aligns with position trading strategies near key support and resistance levels.

Odaily Planet Daily reports, according to OnchainLens monitoring, the address 0x083 sold 50 BTC eight hours ago for approximately $3.52 million and purchased 1,693 ETH, bringing its current ETH holdings to 5,698 ETH, valued at approximately $11.92 million.

In addition, this address deposited $700,000 in USDC into HyperLiquid and opened a 10x leveraged long position in LINK.

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