The legendary whale identified available in the market because the “50X ETH whale” has spoken about his current extremely leveraged offers, however is taking up a brand new deal.
Due to this fact, the whales that final opened a 40x quick transaction on Bitcoin closed this quick place after monetary inflation considerations decreased and decrease than anticipated CPI information gave a sign of optimism for Bitcoin.
In accordance with the info, the magical whale made a revenue of round $10 million in eight days after closing its quick, leveraged place, 40 instances the 6,210 Bitcoins.
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The Whale rapidly closed its quick place in Bitcoin and spent $611.1 million to purchase Ethereum (ETH). The whale additionally bought Pax Gold (PAXG) price $3.28 million.
The enormous whale continues to speak about high-risk leveraged trades, however its identification stays unknown.
Nevertheless, Crypto detective Zachxbt claims that the extensively debated “Hyperliquid 50x leveraged whale” is definitely a cybercriminal who wagered cash stolen via high-leveraged transactions.
Zachxbt additionally famous that the deal with has no connection to the North Korean hacker group Lazarus Group.
In reality, it is humorous to see CT speculate about “high-lipid whales” when it is a cybercrime gamble with stolen funds.
– Zachxbt (@zachxbt) March 18, 2025
*This isn’t funding recommendation.
