TechFlow, on December 24, according to on-chain analyst Ai Aunt (@ai 9684xtpa), three addresses suspected of belonging to the same entity deposited 2.47 million USDC in margin into Hyperliquid within the past 24 hours, opening long positions totaling $1.69 million in TST. These positions account for 42.3% of Hyperliquid's total TST holdings and occupy the top three largest long positions on the platform.
All these addresses exhibit a similar operational pattern: "withdrawing BTCB from Gate, depositing into Aster, then withdrawing USDT." The margin funds originate from either Gate or OKX, and are directly deposited into Hyperliquid after withdrawal. One of the addresses, 0x48c...bc9d0, previously held long positions in TST in early December and made a profit of $31,000.
