According to Ai Yi monitoring, the whale address 0x9c6…fa4ed plans to go long $37.93 million worth of SOL with 20x leverage. Yesterday, this address transferred 8.43 million USDC as margin to open a long position of 500,000 SOL, with a target execution price of $75.867; so far, 209,000 SOL have been executed, valued at $15.91 million, making it the largest SOL position on the Hyperliquid platform, with the remaining portion still being filled.
Whale opens a 20x leveraged long position on 500,000 SOL on Hyperliquid
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Summary
On-chain data reveals that a whale address, 0x9c6…fa4ed, has opened a 20x leveraged long position on 500,000 SOL on Hyperliquid, worth $37.93 million. The whale deposited 8.43 million USDC as collateral, targeting an entry price of $75.867 per SOL. So far, 209,000 SOL have been purchased, totaling $15.91 million—marking the largest SOL position on the platform. This move occurs amid broader crypto news indicating increased activity on centralized derivatives platforms.
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