HuoXing Finance reports, according to Onchain Lens monitoring, a Hyperliquid whale closed out $3.5 million in Micron (MU) short positions today, realizing a profit of $439,000, and closed $2.42 million in SK Hynix (SKHX) short positions, realizing a profit of $582,000, for a total profit exceeding $1 million. Subsequently, this address staked 115,000 HYPE tokens (approximately $7.2 million) and currently holds 115,000 HYPE in staked positions, 100,000 HYPE in spot, and $1.1 million in USDC.
Hyperliquid Whale Earns Over $1M and Stakes 115,000 HYPE
MarsBitShare
Summary
Whale activity on Hyperliquid saw a major player secure over $1 million in profits by closing a $3.5M short on Micron (MU) and a $2.42M short on SK Hynix (SKHX). The address then staked 115,000 HYPE ($7.2M), including 100,000 HYPE in spot and $1.1M in USDC. This move aligns with key market support and resistance levels, indicating strong positioning ahead of potential price movements.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.