Whale deposits $3.72M USDC into Hyperliquid, opens $27.7M BTC long
Key Takeaways
- A crypto whale deposited $3.72M USDC into Hyperliquid.
- The whale opened a $27.7M leveraged long position on Bitcoin and a $20.3 million position on Ethereum.
A crypto trader linked to the wallet address starting with 0x960B deposited $3.72 million USDC into Hyperliquid, a decentralized perpetuals exchange, and opened 15x leveraged long positions on $27.7 million worth of Bitcoin and $20.3 million worth of Ethereum today, according to data tracked by Lookonchain.
The substantial deposit and leveraged position reflects growing whale activity on Hyperliquid’s on-chain order book platform. The exchange has drawn high-frequency traders and institutional players seeking exposure to leveraged crypto positions.
Multiple anonymous whale addresses have recently moved stablecoins into Hyperliquid to initiate leveraged long positions on major crypto assets, signaling bullish sentiment among high-volume traders. The platform’s surge in whale activity has positioned it as a preferred venue for decentralized leveraged trading.
Hyperliquid operates as a Layer-1 decentralized exchange designed to handle sophisticated trading strategies. Recent integrations and ecosystem expansions have enabled seamless deposits and high-leverage positions, fostering increased participation from large-scale traders in volatile market conditions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Updates: Clearer Regulations and Advancements Drive $400M Crypto Presale Boom as DeFi Draws Institutional Interest
- Seven crypto projects emerge as top presale opportunities, driven by institutional interest, regulatory clarity, and innovative DeFi use cases. - Bitcoin's $113,800 rebound and Trump-China trade talks spurred $400M TVL growth in Bitcoin-based DeFi protocols, signaling shifting investor sentiment. - Mutuum Finance (18M raised) and ConstructKoin (CTK) lead with decentralized lending and real estate financing models, targeting institutional-grade compliance. - Latin America's 10.93% CAGR and Citigroup-Coinb
SUSHI Drops 23.17% Over a Month Due to Reduced Margins and Production Issues
- SUSHI fell 5.44% in 24 hours to $0.5154, with a 23.17% monthly and 62.16% annual decline. - SUSS cut 2025 margin targets to 35-37% gross and 11-13% EBIT due to weak Q3 results and cost pressures. - Despite maintaining €470-510M sales guidance, Q3 gross margin dropped to 33.1% and EBIT to 10.5%. - Order intake fell 17% YoY to €70M, with analysts citing mix challenges and dual-site production costs. - Technical indicators confirm sustained bearish momentum, signaling persistent operational and financial he
XRP News Today: XRP's Recent Rise Fueled by Institutional Confidence in Blockchain and Wall Street Integration
- XRP surged over 10% weekly, driven by institutional demand and regulatory progress, closing Q3 at $2.85 with a $170.3B market cap. - Real-world asset (RWA) issuance on XRP Ledger hit $364.2M in Q3, fueled by tokenized funds like Ondo’s OUSG and Guggenheim’s paper. - Seven U.S. XRP ETF applications await SEC decisions (Oct 2025–Nov 2025), with Polymarket odds at 99% for 2025 approval. - Institutional buyers like Trident Digital ($500M) and SBI Holdings ($10B) boost XRP’s appeal amid supply controls via to
Trending news
MoreCrypto prices
More
