Whale deposits 3.56M USDC on Hyperliquid to open a $14.33M XMR long position

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On-chain data shows a whale deposited 3.56M USDC on Hyperliquid to open a $14.33M XMR long position. The 4x leveraged trade covers 36,000 XMR, with take-profit orders set between $475 and $516. This move appears in real-time crypto news as one of the largest XMR positions on the platform, highlighting increasing on-chain activity in the crypto space.

According to Lookonchain, a newly created wallet deposited 3.56 million USDC into Hyperliquid and established a 4x long position of 36,000 XMR, valued at $14.33 million, with a take-profit order set between $475 and $516.

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