A prominent Ethereum long position on Hyperliquid faced repeated liquidations on June 23. The event has drawn attention to public tracking of whale activity on the platform.

Reported by AI

Ethereum's native token has faced mounting pressure from weak spot demand and institutional outflows. Senior departures from the Ethereum Foundation have added to concerns about the network's direction. The developments coincide with a broader shift in market sentiment toward competing blockchains.

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Decline