Two whales deposited 10.48 million USDC into HyperLiquid to short Bitcoin

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On May 7, according to Onchain Lens monitoring, two whales are shorting Bitcoin on HyperLiquid.

· Whale 1: Deposited 5.58 million USDC, used to open a 40x leveraged short position with a nominal value of over $70 million, currently experiencing an unrealized loss of $891,000.

· Whale 2: Deposited 4.9 million USDC, used to open an 11x leveraged short position with a nominal value of over $56 million, currently experiencing an unrealized loss of $604,000.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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