A whale dumped nearly 24,000 ETH, cashing out $45 million and leveraged some major altcoin long positions

BlockBeats News, February 24th, according to OnchainLens monitoring, the whale address “0xead” sold 23,924 ETH at an average price of $1,883, cashing out approximately $45.06 million; subsequently deposited 16 million USDC into HyperLiquid, and placed orders to increase positions in BTC, ETH, and HYPE.

The whale address is currently at a unrealized loss of over $30.76 million.