According to ChainCatcher, Onchain Lens monitoring revealed that a whale(0xA71d...78AA) deposited 1.8 million USDC into HyperLiquid and opened a long position in LIT with 3x leverage. Furthermore, this whale also holds a short position in BTC on Lighter with 50x leverage, worth over $17 million.
A whale holds over $17 million in short BTC positions and leverages 3x to long LIT.
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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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