Whale 0x8F93 Deposits $3 Million USDC into Hyperliquid for 20x Leveraged ETH Long Position

Onchain Lens reports a whale's recent deposit of 8.47 million USDC into Hyperliquid, indicating continued significant trading activities in leveraged positions.

ETH
USDC
LDO

Summary

On July 25, a whale deposited 8.47 million USDC into Hyperliquid, opening a 3x leveraged long position in ETH. This follows a previous deposit of approximately $6.998 million USDC on July 24, which facilitated long positions in various tokens with different leverage levels.

Terms & Concepts