A new whale is causing a stir in the cryptocurrency market after taking out about $21.7 million in assets from the institutional trading platform FalconX. These assets included $7.3 million in Hyperliquid [$HYPE], and $14.4 million in Ethereum [$ETH].
That said, the investor amassed $ETH close to a recent local low, and entered $HYPE during its peak.
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