Data: A certain ETH whale sold 12,468 ETH for a profit of 8.99 million USD and turned to Hyperliquid to go long on crude oil
Oct 20, 2026 08:41:48
According to on-chain analyst Ember (@EmberCN), a whale that leveraged $30 million worth of ETH at $1,647 in early June sold 12,468 ETH yesterday at a price of $2,368, exchanging it for $29.52 million USDC, realizing a profit of approximately $8.99 million.
Subsequently, the address transferred $20 million USDC to Hyperliquid to go long on crude oil, and has currently opened long positions worth approximately $22.4 million in crude oil contracts (including CL and BRENTOIL), and is still adding to the positions.