- Whale deposited $15M USDC on Hyperliquid right after market dip
- Opened $22.4M BTC position at 20x with $32K in unrealized gains
- SOL position now has $46K profit from $4.4M value at 20x leverage
Whale Moves $15M Into Hyperliquid After Market Dip
Following a sharp downturn in the market, a known crypto whale deposited $15 million in USDC into the decentralized trading platform Hyperliquid. The deposit occurred on the Arbitrum network and was quickly followed by a series of long, high-leverage trades.
Data shows that all transactions were routed via the HIP-2 protocol, indicating automated or structured order placement. Within moments of funding the account, the whale entered leveraged long positions across four tokens: BTC, SOL, HYPE, and PUMP.
At present, the wallet’s total balance exceeds $17 million, including $15 million in perpetual contracts and over $1.9 million in spot assets. No assets are held in vaults or staking at this time.
BTC and SOL Lead Whale’s Positions
The largest position is a BTC-USD long worth $22.46 million, opened with 20x cross leverage. The trade was entered at $112,727.8 for a total of 199 BTC. As of now, it shows an unrealized profit of $32,475.91. The liquidation level for this position is set at $38,459.
The second-largest trade is on SOL-USD, valued at $4.46 million, and opened with 20x leverage. The entry price was $220.78 for 19,999 SOL, and the unrealized profit is currently at $46,377.61.
Both trades were executed within minutes of the USDC deposit, suggesting a rapid, reactive strategy to capture potential rebounds after the market decline.
Additional Positions in HYPE and PUMP
The whale also opened smaller positions on HYPE-USD and PUMP-USD. The HYPE position, worth $1.2 million, was opened at 10x leverage for 25,000 HYPE tokens, entered at $47.95 and now showing a profit of $12,555.74.
In contrast, the PUMP position is currently in the red. The trade, valued at $99,742, was opened with 5x leverage at an entry of $0.00586 for over 17 million tokens. It now shows a small unrealized loss of $342.65.
All positions remain open, with no additional funding or vault activity recorded at this time. The trades and movements are publicly visible via platforms like Hyperliquid and Hypurrscan, allowing full tracking of exposure, leverage, and profits.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.