Whale deposits $3.72M USDC into Hyperliquid, opens $27.7M BTC long
Crypto Briefing
A crypto whale deposited $3.72M USDC into Hyperliquid and opened a $27.7M leveraged long on Bitcoin.Summary
A crypto whale, identified by a wallet address starting with 0x960B, deposited $3.72 million USDC into the decentralized perpetuals exchange Hyperliquid. Following the deposit, the whale initiated 15x leveraged long positions totaling $27.7 million on Bitcoin and an additional $20.3 million on Ethereum. This significant activity underscores the growing interest from whales and institutional players in Hyperliquid's on-chain order book platform for decentralized leveraged trading. The platform's recent enhancements have made it an attractive venue for large-scale traders looking to execute sophisticated strategies, even amid market volatility.
(Source：Crypto Briefing)