BTC OG Whale deposits final $30M USDC into Hyperliquid

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Whale activity saw a major move as the 'BTC OG Insider Whale' deposited the final $30 million in USDC into Hyperliquid on May 21, 2026. The whale also placed buy orders for HYPE in the $49.725–$52.36 range and holds $38.95 million in 5x BTC long positions with an $85,000 floating loss. Value investing in crypto remains a focus as large players continue to allocate capital across perpetuals and tokens.

Huo Xing Finance reports that on May 21, according to Lookonchain monitoring, the "BTC OG insider whale" deposited its final 30 million USDC into Hyperliquid. Previously, this whale’s buying activities included: placing limit orders to buy HYPE in the range of $49.725–$52.36, targeting $1.15 million in HYPE (currently holding $2.48 million in spot HYPE); and going long on BTC, currently holding 504.4 units of 5x BTC long positions, valued at $38.95 million, with an unrealized loss of $85,000.

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