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Major Whale Makes $31.52M USDC Deposit and Strategic XPL Moves on HyperLiquid
Gate News bot message, A significant whale investor has made another substantial move on HyperLiquid, depositing $31.52M in USDC. The transaction includes purchasing 22.6M XPL tokens for $23.4M, followed by establishing a long position in XPL with 2x leverage. The whale currently maintains a USDC balance of $15.74M.
This activity follows a previous transaction reported by Onchain Lens on September 27, where the same investor deposited $10M USDC into HyperLiquid and acquired 23.69M XPL for $32.18M at $1.36 per token, along with opening a short position with 2x leverage.