The legendary whale, identified out there because the “50x ETH whale” and talked about for his excessive leveraged transactions in latest days, has made new transactions.
Accordingly, the whale, which final opened a 40x quick transaction in Bitcoin, closed this quick place after financial inflation issues decreased and the lower-than-expected CPI information gave an optimistic sign for Bitcoin.
In line with the info, the mysterious whale made a revenue of roughly $10 million in 8 days after closing a 40x leveraged quick place for six,210 Bitcoin.
Shut Down Bitcoin Now Shopping for Ethereum (ETH)!
The whale instantly closed its Bitcoin quick place and spent $6.11 million to purchase Ethereum (ETH). The whale additionally purchased $3.28 million value of PAX Gold (PAXG).
Whereas the large whale continues to be talked about for its high-risk leveraged trades, its id stays unknown.
Nonetheless, crypto detective ZachXBT has claimed that the broadly mentioned “Hyperliquid 50x leverage whale” is definitely a cybercriminal who gambled away stolen funds via high-leverage buying and selling.
ZachXBT additionally famous that the deal with has no connection to the North Korean hacker group Lazarus Group.
It’s humorous watching CT speculate on the “Hyperliquid whale” when in actuality it’s only a cybercriminal playing with stolen funds.
— ZachXBT (@zachxbt) March 18, 2025
*This isn’t funding recommendation.
