According to Onchain Lens, the trader deposited 1.7 million USDC into HyperLiquid and now holds positions in Micron and SanDisk after a two-month gap.
A large crypto trader, often referred to as a whale, deposited 1.7 million USDC into HyperLiquid, a decentralized trading platform, and opened 10x leveraged long positions in Micron and SanDisk, according to Onchain Lens. The wallet now holds positions of 5,599 MU and 1,432 SNDK after two months of inactivity. The move highlights the use of leverage in crypto-linked trading, where traders can amplify market exposure with borrowed capital while also increasing liquidation risk.