🐋 WHALE ALERT: 20x LONG ETH WORTH $87.8M!

PANews reports that on Feb 11, according to Onchain Lens, Ethereum whale 0x6C8 deposited an additional $1.99M USDC into Hyperliquid.

Total capital deployed: $32.7M

📊 Current position: ‱ Long 45,000 ETH

‱ 20x leverage

‱ Position value: ~$87.8M

‱ Floating loss: ~$3.5M

đŸ”„ This is a high-risk play.

A strong move against the position could trigger liquidation.

What do you think: Smart dip-buy or overleveraged gamble?

#Ethereum #whalealerts #CryptoNewss #BÄ°NANCESQUARE #cryptotrading $ETH

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