COINOTAG News reports, citing OnchainLens data, that a single whale deposited $3 million USDC into HyperLiquid and opened a 10x leveraged long position on HYPE.
The notional exposure has surged to roughly $19 million, with the position evolving as market dynamics unfold. The prevailing liquidation price stands at approximately $25.724 per HYPE, outlining the risk boundary for the trade.
Data from OnchainLens underscores notable whale activity in DeFi, though it does not imply future direction. Readers are advised to treat these signals as technical data points and monitor for corroborating liquidity and price action.
Source: https://en.coinotag.com/breakingnews/whale-deploys-3m-usdc-into-hyperliquid-opens-10x-long-on-hype-as-position-rises-to-19m-with-a-25-72-liquidation-price
