The Whale That Earned $15 Million By Opening 50x Leverage Came Back After Two Weeks! He Opened Long In This Altcoin With 20x Leverage!

As the tariff tension between the US and China continues, Bitcoin, Ethereum and altcoins are experiencing sharp declines.

Bitcoin fell below $75,000 for the first time since November 2024, while Ethereum fell below $1,500 for the first time in 2 years.

While BTC and ETH continue to show signs of weakness, the giant whale known in the market as the Hyperliquid 50x whale has made a move again.

As you may recall, this whale had previously opened a trade with 50x leverage on Hyperliquid during the declines and earned $15 million.

After nearly two weeks of inactivity, the Hyperliquid whale opened a long position on ETH with 20x leverage.

The position size was approximately 32,875,676 ETH ($47.62 million) and the liquidation price was $1,398.9.

The Hyperliquid 50x whale, which has been inactive for half a month, is active again.

He opened a 20x long position in ETH worth $47.62 million and the liquidation price was $1,399.

The whale recently transferred 3 million USDC to Hyperliquid as collateral and opened a long position of 32,800 ETH at $1,461.6.

Time will tell whether the giant whale will emerge from the high volatility in the market with a loss or a profit.