Huo Xing Finance reports, according to Hyperliquid News monitoring, a large whale recently transferred $7.29 million from Ostium to Hyperliquid and opened a long position of 10,124 S&P 500 contracts, valued at approximately $74.33 million. This position currently accounts for 13.03% of the market’s open interest.
Whale opens $74.33M S&P 500 long position on Hyperliquid after transferring $7.29M from Ostium
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Summary
A whale executed a $7.29M transfer from Ostium to Hyperliquid and opened 10,124 long positions on the S&P 500, totaling $74.33M. Positions traded on Hyperliquid now account for 13.03% of the market’s open interest. The move underscores deliberate position sizing and a bullish outlook on the index.
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