Whale Deposits 8M USDC to Hyperliquid to Boost BTC Long Position
According to on-chain analyst Onchain Lens, a whale has deposited 8 million USDC into Hyperliquid to increase their long BTC position. The whale currently holds a long position of 400 BTC, valued at approximately $25.7 million, with a total long exposure of $30.7 million across the investment portfolio, reflecting a long bias of 97%.
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.
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