On January 17th, on-chain data monitoring agency Onchain Lens detected an interesting move — a whale suddenly injected $7.9 million USDC on the HyperLiquid platform, then immediately placed buy orders for ETH and ADA.

How exactly did they operate? Wallet 0x8Fc simultaneously opened long positions, locking in the ETH target price range at $3,267.2-$3,275.7, while ADA was set between $0.3851 and $0.3888. Another wallet, 0xCe8, focused solely on ETH, with buy orders in a narrow range of $3,267.3-$3,273.5.

The logic behind this operation is quite clear — staggered positioning and precise placement, typical of professional traders. Judging from the specific movements of this large sum, there is a clear short-term bullish outlook on ETH and ADA. Especially on ADA, the fact that large funds are willing to actively build longs at this price level suggests some investors have gained new confidence in the on-chain ecosystem's recovery. If these price levels are reached later, they could become key points to watch.