Whale 0x982 deposited 4,800,000 USDC into HyperLiquid to open a Short ETH position with 20x leverage and is continuing to increase the position.
on-chain monitoring data shows that the same wallet executed large leveraged trades in less than a week, including Short HYPE and Longing Bitcoin, indicating a highly volatile Derivative trading strategy.
- Wallet 0x982 Short ETH 20x after depositing 4,800,000 USDC into HyperLiquid.
- Short positions in ETH are increasing.
- Six days ago, this wallet was Short HYPE 10x and Longing Bitcoin 20x with 2,400,000 USDC.
Latest trade: Short ETH 20x on HyperLiquid
On February 13th, whale 0x982 deposited 4,800,000 USDC into HyperLiquid and opened a Short ETH position with 20x leverage.
According to tracking data, the Capital amount is equivalent to $4,800,000 USD. After opening the position, this wallet is continuing to add Short ETH orders, indicating a higher level of conviction or a dollar-cost Medium strategy amidst volatility.
Using 20x leverage means that even small price swings can amplify liquidation risk. However, the recorded information only reflects the action of depositing USDC and opening a position; there is no accompanying data on the entry price, liquidation level, or PnL.
Activity 6 days ago: Short HYPE 10x and Longing Bitcoin 20x
Six days ago, whale 0x982 deposited 2,400,000 USDC and simultaneously opened a Short on HYPE at 10x and a Longing on Bitcoin at 20x.
Previous transactions show that this wallet can deploy multiple positions in both directions (Short and Longing) simultaneously, instead of betting only on one market direction. The previous deposit Capital was $2,400,000, which is half the size of the most recent deposit.
The chain of consecutive actions over 6 days ( USDC 2,400,000 and then USDC 4,800,000) demonstrates significant participation in the cryptocurrency Derivative market on HyperLiquid, with leverage ranging from 10x to 20x on assets such as ETH, HYPE, and Bitcoin.
