ChainThink reports that on March 18, according to Onchain Lens monitoring, a newly created wallet deposited 2 million USDC into HyperLiquid and opened a 10x leveraged long position in HYPE, with a liquidation price of $29.04.
New wallet deposits 2M USDC to open a 10x long position on HYPE on HyperLiquid.
ChainthinkShare
Summary
A new wallet deposited 2 million USDC into HyperLiquid on March 18 to open a 10x long position in HYPE, with a liquidation price of $29.04. This move indicates a calculated risk-to-reward ratio, suggesting the trader is assessing the token’s long-term investment potential. No prior activity was recorded for this wallet before the deposit.
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