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A certain whale sold nearly 24,000 ETH, cashing out $45 million and increasing positions in some mainstream cryptocurrencies.
On February 24, according to OnchainLens monitoring, the whale address “0xead” sold 23,924 ETH at an average price of $1,883, cashing out approximately $45.06 million. Subsequently, it deposited 16 million USDC into HyperLiquid and placed orders to increase long positions in BTC, ETH, and HYPE. Currently, this whale address has a unrealized loss of over $30.76 million.