According to Mars Finance, monitoring by Ember indicates that a whale has closed out its $84 million long positions in BTC and ETH on Hyperliquid. It has instead purchased spot ETH on Hyperliquid. The whale spent $24.87 million to buy 12,027 ETH spot, at an average price of $2,068.
A whale that had previously long positions in BTC and ETH closed out its positions and instead increased its ETH holdings in the spot market.
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