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Whale deposits $4.8M into HyperLiquid and opens a 20x ETH short position

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On February 13, 2026, a whale address '0x982' deposited $4.8 million in USDC into HyperLiquid and opened a 20x leveraged ETH short position as part of a position trading strategy. Six days earlier, the same address had deposited $2.4 million in USDC, initiating a 10x HYPE short and a 20x BTC long position, demonstrating careful position sizing. Activity remains ongoing.

BlockBeats report, on February 13, according to OnchainLens monitoring, a whale address '0x982' deposited $4.8 million in USDC into HyperLiquid and opened a 20x leveraged short position on ETH, and is currently continuing to add to the position.


Six days ago, this address deposited $2.4 million in USDC, opening a 10x leveraged short position on HYPE and a 20x leveraged long position on BTC.

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