According to on-chain analytics platform Lookonchain (@lookonchain), the whale address 0x3e7a opened a long position with 20x leverage on Hyperliquid, purchasing 1,694 shares of XYZ100 (Nasdaq 100 Index) over the past five hours, worth approximately $50.3 million. There remains a limit order for approximately $19.16 million still unfilled.
Whale Opens $50.3M Nasdaq 100 Long Position with 20x Leverage on Hyperliquid
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A whale has opened a $50.3 million long position on the Nasdaq 100 using 20x leverage on Hyperliquid, according to Lookonchain. The trade involves 1,694 XYZ100 contracts, with $19.16 million in limit orders still unfilled. The whale’s address (0x3e7a) executed the move, demonstrating aggressive position sizing.
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