A whale used $6 million to go long on BTC and ETH, with a floating profit of more than $1.6 million

according to Lookonchain monitoring, a whale deposited $6 million USDC into Hyperliquid in the past 8 hours, for 50x leverage long positions on Bitcoin and Ethereum, currently unrealized profits exceeding $1.6 million.

The whale went long on Ethereum at a price of $2,197, with a liquidation price of $2,149.4; and went long on Bitcoin at a price of $85,908, with a liquidation price of $84,752.