1 Semiconductor Whale Exits AI Sector to Dive into Crypto, Longs $3.8M on HOOD and BTC
BlockBeats News, July 2, according to Hyperinsight monitoring, in the past 1 hour, a whale chased the HOOD price with 10x leverage, with a scale of $1.12 million and an average price of $109.6. The liquidation price was set aggressively at $103.6. At the same time, the same address opened a 25x leveraged long position on BTC with a scale of $2.76 million and an average price of $60,494.
It is reported that this whale had previously preferred to engage in trades related to the semiconductor sector. Against the background of today's AI infrastructure chain under pressure and the decline of the Japanese and Korean stock markets, the whale shifted its focus to an independent asset decoupled from the AI computing power narrative, bypassing sector systemic risks.
On the news front, Robinhood launched its self-built Arbitrum Layer 2 chain, Robinhood Chain, officially supporting 24/7 tokenized stock trading, driving its independent surge against the broader market. The HOOD token on the Hyperliquid platform has seen a 11.2% increase in the past 24 hours, followed by another 3.7% surge in pre-market trading, now trading at $111, with a trading volume of approximately $15.92 million during the same period.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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