Blockchain tracker Lookonchain reports the investor added funds to Hyperliquid to sustain WLFI longs, holding over $4M in tokens despite $1M in unrealized losses.
A crypto whale deposited 500,000 USDC to decentralized trading platform Hyperliquid to continue long WLFI positions, according to Lookonchain. The address holds 42.47 million WLFI tokens valued at $4.26 million, yet faces an unrealized loss of more than $1 million. The move underscores a persistent strategy of maintaining exposure to WLFI despite current unfavorable market conditions.