In recent hours, significant movements have been observed in the cryptocurrency market by whales and large investors, which may impact price dynamics.
Large Deposits and Whale Positions
One whale deposited 5 million USDC on the Hyperliquid exchange and opened a long position with 3x leverage on the HYPE asset. This investor also holds positions in ETH with 5x leverage, as well as in PUMP and PENGU with 3x leverage. The investor plans to expand his positions by placing new buy orders for HYPE and WLFI.
Actions of New Wallets
A newly created wallet opened long positions on PEPE and WIF with 10x leverage after depositing 701,000 USDC into Hyperliquid. The positions were sized as follows: * 258 million kPEPE ($2.5 million) * 2.47 million WIF ($2 million)
Institutional Purchases of MakerDAO Tokens
Institutional-level whales have also been active, accumulating MKR tokens from MakerDAO. For example, address 0xb2c7 received 14,000 MKR ($24.25 million) from FalconX just 6 hours ago. Address 0xc230 collected a total of 8,753 MKR ($15.37 million) through FalconX in the last two months.
The observed actions of whales in the cryptocurrency market may signal significant changes that could occur in the future. Investors are closely monitoring these trends.
