On-chain data shows a newly created wallet funded with $1 million USDC into Hyperliquid and opened a 5x leveraged long position on Bitcoin. It concurrently opened a 5x leveraged short on Ethereum. The information comes from on-chain Lens monitoring data dated December 20. This activity suggests a sustained appetite for high-leverage bets across major crypto assets.

On-chain data shows a newly created wallet funding $1 million USDC into Hyperliquid and opening a 5x leveraged long on Bitcoin. The same wallet concurrently opened a 5x leveraged short on Ethereum. The findings are based on on-chain Lens monitoring data dated December 20.

This activity signals a continued appetite for high-leverage bets across major crypto assets as traders seek amplified exposure to price moves. As on-chain signals continue to surface, market participants will watch whether such leveraged bets reflect broader market sentiment or targeted trading strategies.

Follow NOW

Leave a Reply

More Articles

follow now

Trending

Discover more from Rich by Coin

Subscribe now to keep reading and get access to the full archive.

Continue reading