BREAKING
172d 19h ago

Onchain Lens: New Wallet Sells 355.97 ETH for 1.5M USDC, Deposits to Hyperliquid and Opens 20x ETH Long

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

On August 21, Onchain Lens recorded a transaction in which a newly created wallet sold 355.97 ETH and received roughly 1.5 million USDC, with the stablecoin proceeds deposited into Hyperliquid.

Following the deposit, the same address initiated a long ETH position on Hyperliquid using 20x leverage, materially increasing its leveraged exposure and attendant liquidity and liquidation risk.

These on-chain flows, timestamped and publicly verifiable, offer actionable transparency for traders and risk managers monitoring capital allocation and leverage dynamics across decentralized venues.

Share News:
Don't Miss Breaking News