A whale deposited 4 million USDC into Hyperliquid and opened a long position of 500 BTC

TechFlow reports, July 6, according to monitoring by on-chain analyst Ember (@EmberCN), before the US stock market open, a well-known whale address (hypurrscan.io/0x15a4) transferred 4 million USDC to Hyperliquid to open a long position of 500 BTC at an average price of $62,911. The position size is approximately $31.48 million with approximately 8x leverage, carrying high liquidation risk. The address also holds 12,027 ETH spot, purchased in March at an average price of $2,068, currently showing an unrealized loss of approximately $3.6 million.