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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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- 📢 #Gate Square Writing Contest Phase 1# is now officially launched!
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The mysterious giant whale known as 50X ETH Whale closed its Bitcoin position with profit! Now it started buying this altcoin!- ZachXBT Warned!
In recent days, the legendary whale, known in the market as the '50x ETH whale,' who has been talked about with his high leverage trades, made new transactions.
According to this, the whale who opened a 40x short position in Bitcoin closed this short position after the decrease in monetary inflation concerns and the lower than expected CPI data giving an optimistic signal for Bitcoin.
According to the data, the mysterious whale closed a 40x leveraged short position for 6,210 Bitcoin and made approximately 10 million dollars profit in 8 days.
Closed Bitcoin Now Buys (ETH) Ethereum!
The whale that closed the Bitcoin short position immediately spent 6.11 million dollars to buy Ethereum (ETH). The whale also bought 3.28 million dollars worth of PAX Gold (PAXG).
The giant whale continues to be talked about with its high-risk leveraged transactions while also maintaining its identity unknown.
However, crypto detective ZachXBT claimed that the widely discussed “Hyperliquid 50x leverage whale” is actually a cyber criminal playing with stolen funds through high leverage trading.
ZachXBT also stated that your address is not connected to the North Korean hacker group Lazarus Group.