A new address sold $1.5 million worth of ETH and then went long on ETH with 20x leverage.

By: theblockbeats.news|2025/08/21 10:41:35

BlockBeats News: On August 21, according to Onchain Lens monitoring, a newly created wallet address sold 355.97 ETH to exchange for 1.5 million USDC and deposited it into Hyperliquid. The user then went long on an ETH position with 20x leverage.