A dormant crypto whale has sold 1,863 Ethereum worth $4 million and opened a long position on Bitcoin. The whale deposited $4.06 million to Hyperliquid to leverage 20 times and currently holds an unrealized profit of $589,000. However, the high leverage also poses a risk, as a price dip could trigger liquidation. The whale's strategy is to bet big on Bitcoin's upward movement while using leverage to amplify gains. The success of the trade depends on Bitcoin's price staying above a significant support level of $89,930. The trade coincides with favorable crypto announcements by President Trump, but market volatility remains a concern.
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