Crypto Whales Turn Bullish, Open Nearly $100M Longs on Hyperliquid

This post was originally published on Coinspeaker

Key NotesHigh-leverage traders deployed $92.87 million across four positions, with some using up to 25x leverage on their bets.Vitalik Buterin transferred $2.9 million ETH to privacy protocol Railgun, shielding transactions using zero-knowledge proofs.Institutional adoption of privacy coins grows as Nasdaq-listed Reliance Global follows Zcash treasury strategy.

Three cryptocurrency whales have turned bullish earlier today, on November 26, opening nearly $100 million of long positions on Hyperliquid HYPE $35.45 24h volatility: 9.3% Market cap: $9.61 B Vol. 24h: $441.38 M , according to onchain analysis.

These three whales were spotted by Lookonchain in the two hours prior to the post and signal a sentiment shift for high-capitalized traders, adding risk to the expectations of a crypto rally. According to the onchain analysis, Bitcoin BTC $90 279 24h volatility: 3.0% Market cap: $1.80 T Vol. 24h: $67.33 B and Ethereum ETH $3 037 24h volatility: 2.9% Market cap: $366.61 B Vol. 24h: $22.75 B were the favored assets for these large positions that

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