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A whale deposited 5 million USDC on Hyperliquid, taking 5x short positions on BTC, ETH, and SOL

2025.05.12 - 00:56

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TechFlow news, May 12: According to on-chain analytics platform Lookonchain, a whale has again deposited 5 million USDC into the Hyperliquid platform, bringing the total deposit amount to 25 million USDC. The whale is shorting BTC, ETH, and SOL with 5x leverage. The position has currently incurred losses exceeding $700,000.

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