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Hyperliquid activity widens as whales open large leveraged SKHX, ZEC and LIT longs

Hyperliquid activity widens as whales open large leveraged SKHX, ZEC and LIT longs

Large traders added fresh leveraged positions on Hyperliquid, including multiple SKHX stock perpetual longs and a separate whale’s $10.99 million combined ZEC and LIT bets after months of inactivity.

USDC
HYPE
ZEC

Fact Check
The claim content states 9527.eth deposited $1M USDC and opened opposing perpetual positions in SKHY and SKHX, showing a small unrealized gain against a larger historical loss. The originating Onchain Lens X post and corroborating Odaily and PANews reports confirm exactly this: 5x long SKHY plus 10x short SKHX (opposing directions), unrealized PnL of +$62.2K (small gain) versus a lifetime PnL of -$252.8K (larger loss). The claim's headline reference to a '$30.9 million 2x long in SKHX' actually belongs to a different, separate wallet (0x9dc...f302d per PANews), which is why the claim explicitly describes 9527.eth as 'a separate Hyperliquid wallet.' The substantive assessed claim about 9527.eth is accurate. These are unverified on-chain monitoring reports from a single analytics source, so certainty is high but not absolute.
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Summary

Hyperliquid saw a new wave of whale activity spanning stock and crypto perpetuals. On-chain reports said AllegraSeam transferred 20.32 million USDC and opened an about $22.8 million SKHX long at $1,480, while another whale had opened an about $30 million SKHX long at $1,411 two days earlier. Separate July 9 reports said wallet 0x9dc…f302d reopened a 21,200-token 2x SKHX long worth about $30.81 million to $30.9 million, described as Hyperliquid’s largest SKHX position at the time. Separately, BlockBeats cited Onchainlens on July 10 as saying a previously inactive whale tied to more than $38.75 million in cumulative profit deposited $892,000, staked HYPE, and opened a 10x $7.01 million ZEC long and a 5x $3.98 million LIT long, while placing a limit order to buy another 10,032 LIT.

Terms & Concepts
  • stock perpetuals: Derivatives linked to stock-related markets that have no fixed expiry and can be traded with leverage.
  • HYPE: Hyperliquid’s native token.
  • limit order: A buy or sell order placed to execute at a specified price.