Tomorrow at 13:00 UTC, the Fed will inject $2.122B into the market
Most importantly, this liquidity is entering through the purchase of Treasury bills at a time when markets are already awaiting inflation data and the Fed’s upcoming decision
The amount of $2. 1B alone may not be enough to move the entire market
This whale isn’t messing around: $3.64 million, all long
The owner of this portfolio has opened positions worth $3.64 million and the strangest part is that 100% of them are long long positions no shorts at all
A $2.59 million long position on $ETH
and a $1.05 million long position on $HYPE
Leverage: 25x on ETH and 10x on HYPE
And the timing is interesting: ETH is holding steady near $2,500 after a strong rally, while HYPE remains close to its all-time highs
Does this whale see the start of a new rally before the market?