CryptoHistoryClass
Market fluctuation observation: Divergence in the direction of large capital bets.
Recently, on-chain data shows several noteworthy operations. A well-known address utilized 25x leverage to sweep in 8,200 $ETH, while on the other side, a whale on the Hyperliquid platform opened a 3x leverage short position of 1,000 $BTC. This configuration of being bullish on ETH and bearish on BTC is quite rare.
What calculations might be hidden behind this? One interpretation is that if BTC experiences a pullback, market funds often rotate to mainstream altcoins like Ethereum. However, if BTC remains stagnan
View OriginalRecently, on-chain data shows several noteworthy operations. A well-known address utilized 25x leverage to sweep in 8,200 $ETH, while on the other side, a whale on the Hyperliquid platform opened a 3x leverage short position of 1,000 $BTC. This configuration of being bullish on ETH and bearish on BTC is quite rare.
What calculations might be hidden behind this? One interpretation is that if BTC experiences a pullback, market funds often rotate to mainstream altcoins like Ethereum. However, if BTC remains stagnan

