According to a report from Lookonchain on October 22nd, several major whales on the decentralized exchange Hyperliquid have been injecting funds and increasing leverage to long positions over the past 12 hours. Address 0x89AB deposited 9.6 million USDC, buying 80.47 BTC and opening a 6x BTC long position worth approximately $14.47 million. Address 0x3fce deposited 1.5 million USDC six hours ago, increasing its BTC long position to 459.82 (approximately $49.7 million). Address 0x8Ae4 deposited 4 million USDC five hours ago, going long on BTC, ETH, and SOL. Address 0xd8ef deposited 5.44 million USDC three hours ago, going long on ETH.
Multiple whale addresses deposited millions of dollars into Hyperliquid to leverage long positions on BTC/ETH/SOL.
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