TechFlow News: On February 16, on-chain analyst Onchain Lens (@OnchainLens) reported that a whale deposited 1 million USDC into Hyperliquid, opened a long ETH position with 20x leverage, and continues to hold a long SOL position with 20x leverage.
The whale also increased its spot token holdings, including: 20,000 SOL (approximately $1.7 million), 8.5 million FARTCOIN (approximately $1.69 million), 30 million MON (approximately $717,000), and 6.73 million XPL (approximately $651,000).
To date, the whale’s perpetual futures trading has resulted in cumulative losses exceeding $11.877 million.
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