A whale has deposited 1.18 million USDC into HyperLiquid, taking a 5x leverage long position on HYPE.

BlockBeats News, December 4th, according to Onchain Lens monitoring, a whale address deposited 1.18 million USDC into the Hyperliquid platform and opened a 5x leveraged long position in HYPE, currently placing an order to further increase their position. Another wallet they own holds a 6x leveraged long position in HYPE, currently with an unrealized gain of $850,000.