Million Dollar Ethereum Hit in 50 Minutes: Whale Took the Risk, Pocketed the Money! - Coin Newsletter

A mysterious Ethereum (ETH) whale known for its high-risk transactions made a whopping $2.15 million in a single transaction in just 50 minutes.

The cryptocurrency market continues to experience massive gains and losses, but some whales continue to surprise the market with their high-risk moves. Finally, an unidentified Ethereum (ETH) whale made millions of dollars in earnings with a transaction that took about 50 minutes.

About 50 minutes ago, the whale grabbed attention by selling its 947 ETH for $1.95 million in USDC. By investing these funds directly into the Hyperliquid platform, the trader opened a "long" position for Ethereum with full 50x leverage. The size of this risky position soon reached 53.7 million dolar( )yaklaşık 25,095 ETH. The whale's liquidation price in this position was $2,008.

With the sudden rise in the price of Ethereum, the investor quickly closed his position after 50 minutes, making a huge profit of $2.15 million.

The whale's fate is amazing!

It is known that the Ethereum whale that made this transaction has made big gains with similar moves in the past. Especially before an executive order issued by former US President Trump, the whale, which opened a 50-fold leveraged position on Bitcoin (BTC) and Ethereum (ETH), made a gain of 6.8 million dollars at that time.

• The information contained in the content does not constitute investment advice