Odaily Planet Daily reports that, according to Lookonchain monitoring, a newly created address (0x6C85) deposited 12.88 million USDC into Hyperliquid and used 20x leverage to go long on ETH. Currently, this address has opened a long position of 16,270 ETH, valued at 33.38 million USD.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitmine buys the dip again! Tom Lee is optimistic about Ethereum with "three major bullish factors" supporting it
Bitmine Immersion Technologies increased its holdings by 51,162 ETH, bringing the total to 4.42 million ETH, accounting for 3.66% of the total supply. The market value is approximately $8.7 billion, making it the publicly listed company with the largest ETH holdings worldwide. Chairman Tom Lee stated that the reason for holding ETH is optimistic about its future potential, and 68.7% of the ETH has been staked, which is expected to generate substantial passive income.
区块客19m ago
Ethereum's first-quarter return is currently -32.17%, and Bitcoin's is -23.21%.
Odaily Planet Daily reports that according to Coinglass data, Bitcoin's first quarter 2026 return is currently at -23.21%, marking the third-lowest quarterly return since 2013, well below the historical first quarter average return of 45.90%. Additionally, Ethereum's first quarter 2026 return is currently at -32.17%, the third-lowest record since 2016, far below the historical first quarter average return of 66.45% and the median return of 4.37%.
GateNews34m ago
Vitalik Buterin Says AI Is Speeding Up Ethereum Development
Agentic coding produced a 700,000-line Ethereum client prototype aligned with the 2030 roadmap in weeks.
Buterin urges pairing faster AI coding with formal verification, expanded test suites, and multi-client checks.
He also detailed a quantum-resistance roadmap replacing BLS and adding
CryptoFrontNews44m ago
Why do organizations still prefer Ethereum despite the emergence of faster blockchains like Solana
Ethereum continues to maintain its position as the largest blockchain for stablecoin concentration and decentralized finance (DeFi) capital in the market, despite the successive rise of faster networks.
In recent years, many new blockchains have promoted their superior transaction processing capabilities and cost efficiency.
TapChiBitcoin1h ago
Whale "pension-usdt.eth" Closes BTC Long Position with $466K Profit
Gate News bot message, Whale "pension-usdt.eth" has closed his $BTC long position, securing a floating profit of $466K. Previously, after Israel's attack on Iran triggered a sharp market drop, the whale had opened a $BTC (3x) long position of 1,000 $BTC and was facing a floating loss exceeding $3.3M
GateNews1h ago
ETH drops below 2000 USDT
Gate News bot message, Gate market display, ETH drops below 2000 USDT, current price 1999.75 USDT.
CryptoRadar4h ago