While the market was moving all over the place, one new player decided to jump straight into the chaos.
Around 3 AM today, wallet 0x77d...ae0e9 opened its very first contract trades on Hyperliquid ... and yeah, it didn't start small.
The whale went 10x long on 403.44 $BTC , a position worth around $31.52M. Then added a 12x long on 4,781 $ETH , worth another $11.75M.
That's roughly $43.24M in long exposure opened during all this volatility. So far, the trade isn't looking too pretty though... the...
$ETH ETH/BTC is sitting at a key breakout level.
Price is forming a triangle with lower highs and higher lows. The range keeps getting tighter, which means a big move is getting closer.
A breakout above the trendline could send $ETH toward $2,800.
A rejection could push it back toward $2,000 to $2,200.
Either way, ETH is getting ready for a major move.$ETH
{future}(ETHUSDT)
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