An entity deposits 13.56 million USDC into HyperLiquid to go long on HYPE with 5x leverage
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to Jinse Finance, on-chain analyst Spot On Chain has monitored that, within the past 8 hours, two wallets linked to the same entity deposited $13.56 million USDC into HyperLiquid and opened 5x leveraged long positions on HYPE. Currently, these wallets hold approximately 630,000 HYPE (worth about $25.4 million), with a profit of $132,000 so far. Their liquidation prices are $19.26 and $19.86, respectively. It is reported that these wallets previously incurred a loss of $5.72 million on HyperLiquid.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Crypto prices
More
Bitcoin
BTC
$84,415.67
+2.53%
Ethereum
ETH
$2,498.48
+2.83%
Tether USDt
USDT
$0.9990
+0.01%
BNB
BNB
$748.84
+1.72%
XRP
XRP
$1.38
+4.60%
USDC
USDC
$1.0000
+0.01%
Solana
SOL
$107.79
+2.58%
TRON
TRX
$0.3319
+0.28%
Zcash
ZEC
$1,330.23
+11.58%
Hyperliquid
HYPE
$82
+2.76%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now