finance
Crypto Wallet Sells 75 ETH for $174K, Uses Proceeds for 5x Leveraged Position in 9.19M APE Tokens
A wallet with address 0x0b8a sold 75 ETH valued at $174K on Hyperliquid. It then opened a 5x long position on 9.19M APE worth $1.03M. The transactions were reported by blockchain analytics firm @lookonchain.
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A cryptocurrency wallet sold 75 ETH, valued at $174K, on the Hyperliquid platform, according to blockchain analytics firm @lookonchain. The wallet, identified by the address 0x0b8a, executed the sale as its initial transaction. 03M, @lookonchain reported.
19M APE tokens, leveraging the trade at five times the initial margin. @lookonchain detailed the sequence, noting the wallet's creation preceded these moves, with the ETH sale funding the subsequent APE position.
Transparency
1 source · single source
CorroborationModerate · 1 source
