Transactions of major investors in the cryptocurrency and financial markets continue to attract attention. According to blockchain data and information from market monitoring platforms, three large independent investors recently took multi-million dollar positions in $ETH, $SOL, $HYPE, and CXMT.
The first major investor made significant profits by opening a large long position on Ethereum during the early stages of the current cryptocurrency rally.
The aforementioned investor opened a long position of 20,000 $ETH when the price of $ETH was around $1,936. The position size subsequently grew to approximately $50 million, and this large investor's unrealized profit reportedly exceeded $11 million.
An investor tracked by Lookonchain and associated with the address "0xedcd" turned to Solana after the successful $ETH transaction.
Approximately half an hour ago, the major investor opened a new long position for 100,000 $SOL using 20x leverage. The entry price was approximately $104.5, and the total position size was valued at $10.45 million.
Thus, this major investor, in addition to his ~$50 million $ETH position, has opened a new Solana trade based on an optimistic high-leverage forecast.
The second-largest "whale" (major investor) attracted attention with aggressive purchases of Hyperliquid's native token, $HYPE. It is speculated that this "whale" or organization may be related to a16z, but this claim has not yet been definitively confirmed.
Previously, in June, this major investor purchased $HYPE tokens worth $24 million when their price was approximately $68.7.
In the past 24 hours, a total of 36 million USDC has been deposited to the Hyperliquid platform from 12 different addresses, presumably linked to the investor.
Approximately $24 million from these funds has already been used to purchase $HYPE. A total of 282,090 $HYPE was acquired, with an average purchase price of about $81.5.
The total amount of $HYPE tokens acquired and held by major or institutional investors has now reached 4.67 million. The current value of these assets is approximately $381 million.
The average cost of the entire position was estimated at about $65.6, and the unrealized profit from this trade is reportedly approximately $74.4 million.
*This is not investment advice.
