Whale Moves $5.5M Into HyperLiquid, Opens 10x HYPE and 3x ZEC Positions

Whale address “0x4d47” has deposited $5.5M in USDC into HyperLiquid, where it was quickly deployed into new leveraged trades. The positions include a 10x long on 120,000 HYPE alongside a 3x long on 6,193 ZEC.

The move comes after the trader closed a long ETH position, reportedly netting a $396K profit.

Source: Onchain Lens