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TechFlow news, on May 8, according to on-chain analyst Spot On Chain (@spotonchain), a crypto whale has injected another $1.8 million in USDC into the Hyperliquid platform, increasing its short position on HYPE tokens. Within one week, this whale has invested a total of $10.36 million to establish a 5x leveraged position currently valued at $29.1 million, with an unrealized loss reaching $1.24 million and a liquidation price at $25.01.
According to on-chain analyst Spot On Chain (@spotonchain), a crypto whale has again injected $1.8 million in USDC into the Hyperliquid platform, increasing its short position on HYPE tokens. Within a week, this whale has invested a total of $10.36 million to establish a 5x leveraged position now worth $29.1 million, currently facing an unrealized loss of $1.24 million, with a liquidation price at $25.01.
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