A whale deposited 6.3 million USDC into Hyperliquid and opened a $49 million HYPE short position.

TechFlow news, July 07, according to Onchain Lens monitoring, whale address 0xf822 deposited 6.3 million USDC to Hyperliquid approximately 3 hours ago and opened a 3x leveraged HYPE short position. The position size is 692,200 HYPE, with a notional value of approximately $49 million, an entry price of $66.02, a current mark price of $70.78, and a current unrealized loss of approximately $3.3 million.

Additionally, this address currently holds a total of 5 positions on Hyperliquid, with a total position value of approximately $126.8 million and a current total unrealized profit of approximately $4.39 million.