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

KuCoinFlash

Release Time:

Summary

A whale (0x982...ED8A) has deposited $4.8 million in USDC into HyperLiquid and opened a 20x leveraged ETH short position using position trading strategies. The ETH short is currently rising. Six days ago, the same whale deposited $2.4 million, opening a 10x HYPE short and a 20x BTC long. Position sizing indicates the HYPE short at $8.8 million, the ETH short at $890,000, and the BTC long at $3 million.

Odaily Planet Daily reports, according to Onchain Lens monitoring, a large whale (0x982...ED8A) deposited $4.8 million in USDC into HyperLiquid and opened a 20x leveraged ETH short position, with the ETH short position still increasing.

Six days ago, this whale deposited $2.4 million in USDC and opened a 10x leveraged HYPE short position and a 20x leveraged BTC long position. Currently, their HYPE short position is $8.8 million, ETH short position is $890,000, and BTC long position is $3 million.

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.