A new address deposited $3 million USDC into Hyperliquid, holding over 36,000 ETH in a long position.

BlockBeats News, June 11th, according to OnchainLens monitoring, a newly created wallet address deposited $3 million USDC into Hyperliquid and has been actively engaging in long and short position switch trades.

Currently, the address holds a 20x leveraged long position of 36,097 ETH, with a position value of approximately $58.49 million, currently unrealized loss of $380,000. Previously, this whale has conducted two trades, longing and then shorting, with a total profit of around $1.7 million.