【3,100 ETH emerge from a crypto mixer, then a 20x leveraged bet that Bitcoin will outperform Ethereum】
On November 7, a new address withdrew 3,100 ETH from the mixer Tornado Cash (a tool that scrambles the origins of funds to make transfers harder to trace), converted it into about 6.92 million USDC, and deposited the funds into the on-chain perpetuals exchange Hyperliquid. It then opened a 20x leveraged long position in 169.47 BTC (notional value of about $12.84 million) and a short position in 5,740 ETH (notional value of about $12.83 million). The two positions were almost equal in size, meaning the bet was that Bitcoin would outperform Ethereum—not simply on whether the broader market would rise or fall.
$BTC $ETH $HYPE
#混币器 #Hyperliquid #OnChainTracking
On November 7, a new address withdrew 3,100 ETH from the mixer Tornado Cash (a tool that scrambles the origins of funds to make transfers harder to trace), converted it into about 6.92 million USDC, and deposited the funds into the on-chain perpetuals exchange Hyperliquid. It then opened a 20x leveraged long position in 169.47 BTC (notional value of about $12.84 million) and a short position in 5,740 ETH (notional value of about $12.83 million). The two positions were almost equal in size, meaning the bet was that Bitcoin would outperform Ethereum—not simply on whether the broader market would rise or fall.
$BTC $ETH $HYPE
#混币器 #Hyperliquid #OnChainTracking