🐋 Dormant Whale Wakes Up with a High-Risk ETH Play

On January 30, Onchain Lens flagged a rare move from a long-silent whale. After nearly two years of inactivity, the wallet suddenly sold 699 ETH for $1.876M $USDC — and didn’t stop there.

Instead of exiting the market, the funds were deposited into Hyperliquid, where the whale opened a massive $18 million $ETH long position using 20x leverage. 📈⚡

This bold shift from silence to aggressive leverage is catching traders’ attention. Is it a sign of strong conviction in Ethereum’s next move, or a high-stakes gamble in a volatile market?

Smart money is moving fast — keep an eye on ETH price action and funding rates.

DYOR No Financial advice!

#ETH #WhaleAlert #OnchainData #CryptoTrading #Hyperliquid

$ETH

ETH
ETH
2,199.26
-9.46%

$HYPE

HYPE
HYPEUSDT
30.75
-0.68%