Data: A certain whale address sold approximately 5.5 million dollars worth of ETH spot and then fully leveraged 7 times to go long on ETH

According to Lookonchain monitoring, the whale address 0x76AB sold ETH spot and then turned to leverage long ETH. The specific operations are as follows:

1. Sold 1,654 ETH, obtaining 5.49 million USDC;

2. Deposited the obtained USDC into the Hyperliquid platform;

3. Opened a long position with 7x leverage, corresponding to 11,543 ETH (worth approximately 38.4 million USD). The liquidation price of this leveraged position is $2,907.6.