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New Whale Deposits $3M USDC to Hyperliquid, Holds 36,097 ETH Long Position at 20x Leverage on June 11

GateNews
USDC0.01%
HYPE4.14%
ETH3.03%

According to BlockBeats citing OnchainLens, on June 11, a newly created wallet deposited $3 million USDC to Hyperliquid and currently holds a leveraged long position of 36,097 ETH at 20x leverage. The position is worth approximately $58.49 million and is currently down $380,000.

The whale has completed two previous trades, going long then short, accumulating profits of approximately $1.7 million.

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