According to Lookonchain, a whale deposited $7 million USDC into Hyperliquid three hours ago, allocating $3.5 million USDC to purchase 1,371.87 ETH at a spot price of $2,551 and using the remaining $3.5 million USDC to open a 3x leveraged long position on ETH at an entry of $2,550.42. This significant capital deployment indicates high conviction in Ethereum price appreciation and may signal increased volatility and liquidity for ETH in the near term. Traders should monitor ETH/USD order books and funding rates for potential ripple effects across DeFi and centralized exchanges, as large whale activity often precedes short-term price movements (Source: Lookonchain via Twitter, May 20, 2025).

According to Lookonchain, a whale deposited 7 million USDC into Hyperliquid, purchasing 1,371.87 ETH spot at $2,551 with 3.5 million USDC and using the remaining 3.5 million USDC to open a 3x leveraged long position on ETH at an entry price of $2,550.42 (Lookonchain, May 20, 2025). This large-scale dual strategy signals strong bullish sentiment from institutional players, potentially increasing short-term volatility and liquidity for ETH on both spot and derivatives markets. Traders should monitor for heightened price movements and liquidations, as this level of leverage can amplify market reactions and influence funding rates. (Source: https://twitter.com/lookonchain/status/1924734328355115304)

According to @ai_9684xtpa, a major Ethereum whale (address 0x348...a40b4) has initiated a leveraged long position by purchasing 8,613 ETH worth $22.43 million within the past hour, with an average entry price of $2,612.33. The whale has collateralized the entire ETH holding to borrow 10 million USDT, maintaining a health ratio of 1.86. If ETH drops to $1,399, the position will face liquidation. This large leveraged position increases volatility risks and could significantly influence ETH price action in the near term, making liquidation levels and whale activity critical signals for crypto traders. (Source: @ai_9684xtpa via Twitter, May 16, 2025)