Home
News
Details

Whale Earns Over $94.8M by Opening a CL Long Position with $1M USDC on HyperLiquid

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
USDC
$1.00010%
AI summary iconSummary

expand icon
A whale established a long position in CL via position trading on HyperLiquid, depositing $1 million USDC with 20x leverage. The whale also opened a short position in BRENTOIL with similar leverage. Position sizing was critical in generating over $94.8 million in profit.

Odaily Planet Daily reports, according to Onchain Lens monitoring, a large whale deposited $1 million in USDC into HyperLiquid and opened a 20x leveraged long position in CL.

Meanwhile, the whale opened a small short position in BRENTOIL with 20x leverage.

This whale has profited over $94.8 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.