Major Whale Reenters Ethereum Market with $44M Long

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The Crypto Basic 3 hours ago 130

Major Whale Reenters Ethereum Market with $44M Long

A well-known Bitcoin whale has returned to high-stakes trading with a sizable Ethereum position, adding fresh momentum to a market that is only beginning to recover. According to on-chain data, the trader known as “1011short” deposited $10 million in USDC ($1.00) to the decentralized exchange Hyperliquid before opening a 5x leveraged long position.

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