BlockBeats News: On January 7, according to monitoring by Lookonchain, a whale deposited 2 million USDC into Hyperliquid one hour ago and shorted 358.85 BTC (worth $33.24 million) with 40x leverage.
Whale Deposits 2M USDC on Hyperliquid and Shorts $33.24M BTC
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Summary
Whale trading activity intensified on January 7, 2026, as a major player deposited 2 million USDC into Hyperliquid and shorted 358.85 BTC using 40x leverage, totaling $33.24 million. Lookonchain data indicates that the trade aligns with key support and resistance levels. The move highlights aggressive positioning ahead of potential price movements.
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