Huo Xing Finance reports, according to OnchainLens monitoring, the whale address “0xf822” deposited approximately $6.3 million in USDC into Hyperliquid about three hours ago and opened a 3x leveraged HYPE short position. It currently holds around 692,200 HYPE short contracts, with a position value of approximately $49 million, an entry price of $66.02, a stop-loss at $70.78, and a current unrealized loss of about $3.3 million. This address currently holds five positions in total, with a combined position value of approximately $126.8 million and cumulative realized profits of about $4.39 million.
Whale deposits $6.3M USDC into Hyperliquid, adds $49M HYPE short position
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Summary
A whale address '0xf822' deposited $6.3 million in USDC into Hyperliquid and opened a 3x short position in HYPE. The trade involves 692,200 HYPE short contracts valued at $49 million, entered at $66.02 with a stop-loss at $70.78. The position is currently down $3.3 million. The address holds five positions totaling $126.8 million, with $4.39 million in realized profits. Position sizing remains critical for risk management.
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