A whale deposited 5 million USDC into HyperLiquid to open a 3x leveraged BTC Longing order and is still increasing its position.
In a related development, on-chain monitoring shows that this address also purchased a large amount of HYPE in the last few hours, indicating parallel accumulation activity between BTC Derivative and HyperLiquid Token .
- Whales have deposited 5 million USDC into HyperLiquid.
- Opened a BTC Longing order with 3x leverage, and am still increasing the position.
- 180,004 HYPE shares worth $4.84 million were bought in 5 hours.
Trading on HyperLiquid: Longing BTC 3x and continues to rise.
Onchain Lens recorded a whale depositing 5 million USDC into HyperLiquid and opening a Longing BTC position with 3x leverage; the position is still being increased.
The key information is that 5 million USDC was directly injected into the platform to execute a BTC Derivative order, indicating a high risk appetite through 3x leverage. The continued increase in position size implies the trader has not stopped at the initial order size, although there is no specific data on the entry price, BTC size, or liquidation level.
Since the tracking only mentions USDC deposits and position increases, there are no details about the order opening times, profit/loss, or previous trading history of the address. The notable development lies in the deployment of a large amount of Capital on HyperLiquid in a short period of time.
HYPE purchases: 180,004 Token in 5 hours, worth $4.84 million.
The same address purchased 180,004 HYPE shares with a total value of $4.84 million in the last 5 hours.
HYPE trading occurred concurrently with leveraged BTC Longing activity, indicating a dual exposure strategy: one side being BTC Derivative , the other being HYPE Token accumulation. Key data includes a volume of 180,004 HYPE tokens and an amount of $4.84 million, reflecting significant buying pressure within the 5-hour timeframe.
The content does not provide wallet addresses, Medium purchase prices, or the location where HYPE orders were executed, so it is impossible to infer the specific price for each transaction. However, the large-scale purchase of HYPE in a short period of time is noted to have coincided with a 3x increase in BTC Longing positions.
