PANews February 1st news: According to Onchain Lens monitoring, a whale, after two months of inactivity, deposited 1.127 million USDC into Hyperliquid and opened a 10x leveraged BNB short position. Previously, the whale earned $4.57 million through trading in tokens such as XPL and HYPE.
Whale Deploys 10x Leverage BNB Short on Hyperliquid After 2-Month Silence
PANewsShare
Summary
Whale trading activity has returned to Hyperliquid as a major whale deposited 1.127 million USDC and opened a 10x leveraged short position on BNB, ending two months of inactivity. Previously, the trader earned $4.57 million from tokens such as XPL and HYPE. Leveraged trading continues to be a key strategy for large market participants.
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.