A whale has deposited 1.09M U into HyperLiquid and opened a 20x XYZ100 short position.

BlockBeats News, December 22nd, according to Onchain Lens monitoring, a whale deposited 1.09 million USDC into HyperLiquid and opened a short position for XYZ100 with 20x leverage.

This whale also holds a short position in BTC and a long position in FARTCOIN.

BlockBeats Note: XYZ100 essentially tracks the performance of the Nasdaq 100 Index, similar to an on-chain version of Nasdaq 100 futures, allowing users to trade the rise and fall of the U.S. tech stock index 24/7 (including leverage).