According to @lookonchain, a sharp $LAUNCHCOIN pump on Hyperliquid liquidated a major GSR Markets short and set off a broader cascade on the account (source: @lookonchain). According to @lookonchain, follow-on liquidations wiped additional shorts in $MNT, $POPCAT, $LINK, and $LDO, reducing the account balance to zero (source: @lookonchain). Per hyperdash.info/trader/0xc7ebe10d3568c52b3f43dc50320167db9d10ce4f shared by @lookonchain, realized losses exceeded $4M over the past 24 hours (source: hyperdash.info via @lookonchain).

According to The Data Nerd, a whale identified as 0x624 withdrew 1.957 million $ENA, roughly valued at $1.63 million, from Binance approximately five hours ago. Prior to this, the same address accumulated 3.59 million $LDO for $6.75 million over an eight-month period.

According to Lookonchain, a whale withdrew 1.96M $ENA valued at $1.63M from Binance three hours ago and has accumulated 3.59M $LDO worth $6.75M from Binance between April 15 and December 16, 2024, at an average price of $1.88.