A new address has deposited $2 million USDC into HyperLiquid and has leveraged 5x long on HYPE.
BlockBeats News, May 5th, according to OnchainLens monitoring, a newly created wallet address has deposited $2 million USDC into Hyperliquid and opened a 5x leveraged long position in HYPE.
This is the ultimate battleground where a 50x leverage whale frequently appears, causing billion-dollar contract liquidations and gains/losses of millions of dollars.