An address bought 9,638 Ethereum and opened a 20x leveraged short position for hedging.
PANews reported on December 19 that, according to Lookonchain, a crypto whale with the address 0xed41 spent approximately $28.76 million to purchase 9,638 Ethereum (ETH) on the spot market through Hyperliquid and Lighter. Meanwhile, the whale also opened a 20x leveraged short position as a hedging strategy with a similar size of 9,940 ETH.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Micron Taiwan Signs Labor Agreement, Production Line Annual Salary Increases to Over 2 Million
Morgan Stanley's Latest View: Open-source models are not a nightmare for software companies; those vendors who control enterprise context and pricing power will prevail
The usage of open-weight artificial intelligence (AI) models continues to rise, and Morgan Stanley believes that companies such as CrowdStrike, Datadog, and Microsoft will benefit from this wave of industry growth.
South Korea's KOSPI surges over 4% intraday, triggering the sidecar mechanism
iPhone Duo debut encounters issues! Apple (AAPL.US) responds: Only affects a "small number" of devices, users can contact AppleCare for a free replacement
Apple's first foldable phone, the iPhone Duo, was reported to have internal screen line faults during its launch weekend. Apple stated that only a small number of devices are affected and promised replacements. iFixit suggested that hinge design could be the cause.
Crypto prices
More
