TechFlow News, March 6 — According to on-chain analyst Lookonchain (@lookonchain), a wallet address that had been dormant for two years was reactivated and sold 1,863 ETH, exchanging them for 4.06 million USDC at a price of $2,181 per ETH.
Subsequently, the wallet holder deposited these funds into the Hyperliquid platform, opening a long position on Bitcoin with 20x leverage at $89,930. The position currently holds approximately $589,000 in unrealized profit, with a liquidation price at $75,186.




