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TechFlow news: On May 15, according to on-chain analytics platform Lookonchain (@lookonchain), the whale address 0x519c—after remaining dormant for one month—deposited $8.8 million worth of USDC into Hyperliquid and opened a short position on 175,082 $HYPE tokens (valued at approximately $7.62 million) with 10x leverage; the address continues to add to this short position.
According to on-chain analytics platform Lookonchain (@lookonchain), the whale address 0x519c, after remaining dormant for one month, deposited 8.8 million USDC into Hyperliquid and opened a short position on 175,082 $HYPE tokens (valued at approximately $7.62 million) with 10x leverage; the address is still actively adding to this short position.
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