The post Whale Moves $10M USDC to Hyperliquid, Aggressively Longs Bitcoin with $84.53M Position appeared on BitcoinEthereumNews.com.

COINOTAG News reports that a significant market participant recently moved 10 million USDC from Bybit to Hyperliquid, signaling a strategic shift in capital allocation. This whale has initiated a substantial long position on Bitcoin (BTC), currently valued at approximately $84.53 million. The position remains in an active accumulation phase, indicating a strong conviction in upward price momentum. The entry price for this leveraged trade is set at $106,767, with a liquidation threshold at $95,343, reflecting a calculated risk management strategy. Market observers should monitor this development closely, as such large-scale movements often precede significant market trends. This transaction underscores the growing influence of institutional players in the crypto derivatives space and highlights the importance of tracking on-chain and exchange flow data for informed trading decisions. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Source: https://en.coinotag.com/breakingnews/whale-moves-10m-usdc-to-hyperliquid-aggressively-longs-bitcoin-with-84-53m-position/

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Filed under: News - @ June 9, 2025 12:22 pm