ETH Whale Shifts Strategy to Hyperliquid: $12K Loss on ONDO After Massive USDC Deposit

COINOTAG News reported on March 19th that according to ai_9684xtpa monitoring, a significant player in the Ethereum ecosystem, previously identified as the “ETH High Win Rate Swing Whale,” has transitioned to Hyperliquid. Approximately five hours ago, the whale’s originating address, 0x655…1e0B8, transferred a substantial 18.04 million USDC as collateral to Hyperliquid. Notably, this address has not engaged in any further transactions at this moment. This whale recently attempted a long position in ONDO with a minor investment on Hyperliquid, which culminated in a loss of approximately $12,000. Such shifts in large asset holders underscore the dynamic nature of the cryptocurrency market and highlight the continuous adaptation of trading strategies among sophisticated investors.

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