An whale has deposited $6.3 million USDC into Hyperliquid and opened a $49 million HYPE short position.

BlockBeats News, July 7th. According to OnchainLens monitoring, a whale address "0xf822" deposited approximately $6.3 million USDC into Hyperliquid about 3 hours ago and opened a 3x leveraged HYPE short position. Currently, it holds around 692,200 HYPE short positions with a position value of approximately $49 million. The entry price was $66.02, the stop-loss price is $70.78, and it is currently experiencing an unrealized loss of around $3.3 million.

This address currently holds a total of 5 positions with a total position value of approximately $126.8 million and has realized a cumulative profit of around $4.39 million.