A certain whale bought $3.5 million worth of Ethereum spot and opened more than three times the order

According to BlockBeats, on May 20th, according to lookonchain monitoring, a giant whale address deposited 7 million USDC into Hyperliquid 3 hours ago, including: Purchased 1371.87 ETH in spot at a price of $2551 per USDC using 3.5 million USDCs; In addition, 3.5 million USDCs were used to open ETH long positions with 3x leverage at a price of $2550.42.