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As the cryptocurrency markets continue to hemorrhage capital, one whale investor has once again turned the current volatility into a multimillion-dollar payday in minutes. Specifically, the unidentified whale pocketed $2.15 million in just 50 minutes by leveraging a high-risk, high-reward approach, according to data shared by crypto on-chain analytics platform Lookonchain on March 10. Crypto whale transaction. Source: Lookonchain The trade details indicate that the trader executed a well-timed long position on Ethereum (ETH) using 50x leverage. In about 50 minutes, they sold 947 ETH for $1.95 million USDC and immediately deposited the funds into Hyperliquid, a decentralized derivatives exchange. Picks for you Bitcoin just made the biggest weekly price drop in history 2 hours ago ...

The new cat meme coin Catslap ($SLAP) saw a whale investor from a Chicago-based proprietary trading house purchase nearly $500,000 worth of tokens, driving its price up to $0.0042 Trading volume in the SLAP/ETH pair has leapt back above $1.4 million in the past 24 hours, and there are now more than 10,000 holders of the $SLAP token.  The token holder count is accelerating, having grown by 2,000 since Friday. Total market capitalization is $35.5 million (undiluted is $18 million), and liquidity is riding high at $4.7 million.  Jump Trading clearly thinks the Catslap price is going places and is using the token’s plentiful liquidity to enter the market at an attractive low-cap price. At the time of writing, $SLAP is trending in sixth place in DexTools’ hot pairs.  $SLAP price is up 31% at $0.0040 in the past 24 hours after the token made steady progress higher over the weekend, and today is further strengthened by strongly bullish...