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Data: After 4 years of silence, the giant whale awakens, profiting $2.4 million by shorting ETH and other assets

2025-05-17 10:05:04
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ChainCatcher news, according to Lookonchain, a whale address that had been dormant for 4 years suddenly became active recently, withdrawing 2.96 million USDC from Coinbase and depositing it into Hyperliquid.

The address then established high-leverage short positions on ETH, PEPE, WIF, and OP, realizing over 2.4 million dollars in profit within 4 hours.

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