An anonymous whale deposited $5 million USDC into HyperLiquid to open a 5x leveraged BTC long position.
BlockBeats News, May 5th, according to OnchainLens monitoring, a whale address deposited approximately 5 million USDC into Hyperliquid and opened a 5x leveraged long position on Bitcoin.
The address currently holds a total of 629.16 BTC long in two wallets, with a position size of approximately $51 million at the current price.
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.
You may also like
Qatar Energy chief refutes Besent: The Strait of Hormuz will never be "worthless"
Qatar's Minister of Energy, Saad Al Kaabi, stated that US Treasury Secretary Scott Besent's claim that the Strait of Hormuz will become "worthless" within two years is "incorrect."
Stacks crypto jumps 13% – Could STX bulls extend the price rally?
Tom Lee predicts the S&P 500 could surpass 8,200 points by the end of the year

Michael Saylor, BlackRock, Metaplanet, and Strive purchase Bitcoin
