TechFlame reports that on December 10, according to Lookonchain monitoring, a whale (address: 0x76AB) sold 1,654 ETH for 5.49 million USDC. Subsequently, the funds were deposited into the Hyperliquid trading platform to open a 7x leveraged long ETH position worth $38.4 million, involving 11,543 ETH. The liquidation price for this position is $2,907.6.