After selling 500 billion PEPE, a PEPE whale deposited 5.53 million USDC into HyperLiquid and opened a long position.
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Foresight News reported, according to Onchain Lens monitoring, a PEPE whale sold 500 billion PEPE for 1,112.37 ETH (approximately $4.6 million) and 561,923 EIGEN for 188.62 ETH (approximately $819,000). Subsequently, the address swapped ETH for USDC, and after being dormant for 7 months, deposited 5.53 million USDC into HyperLiquid, opening long positions on ASTER (2x leverage) and XPL (3x leverage).
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