USDC Whale Deposits 4.35 Million USDC into Hyperliquid, Opens 1,110,677 LIT Short at $2.74 with $25K Unrealized Loss

COINOTAG News, on December 30, cites on-chain analyst Ai Auntie (@ai_9684xtpa) reporting a whale funded Hyperliquid with 4.35 million USDC. The move highlights material stablecoin inflows into specialized liquidity venues, reflecting active on-chain capital allocation. The development contributes to a broader view of how institutions and high-net-worth traders engage with crypto liquidity pools and related risk metrics.

Concurrently, the same wallet reportedly opened a 1x short position on LIT totaling 1,110,677 tokens, with an average entry price of $2.74 per unit. The trade currently registers an unrealized loss of approximately $25,000. This mark-to-market readout highlights the volatility risk faced by on-chain hedges and the sensitivity of LIT exposure to price moves.