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With a paper loss of $3.6 million on 12,000 ETH in spot holdings, a certain whale opens another $31.48 million BTC long position
Svmuu News: According to on-chain analyst Yu Jin, just before the U.S. stock market opened on Monday, a whale transferred 4 million USDC to Hyperliquid and opened a long position of 500 BTC at a price of $62,911, worth $31.48 million. The whale also holds 12,000 ETH in spot holdings, purchased in March at an average price of $2,068, and is currently sitting on an unrealized loss of approximately $3.6 million.
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