Whale Moves: Deposits $2M USDC into Hyperliquid, Adds to SOL Long Position

Tracking Whale Activity

According to the latest data from OnchainLens, a mysterious crypto whale recently deposited 2 million USDC into the Hyperliquid exchange, increasing its long position in SOL. The whale still has pending orders, suggesting that it may plan to increase its holdings further.

Importantly, the whale also holds a $11.14 million long position in ETH, with the same 20x leverage applied.

• Fund Flow: $2 Million USdc Injected into Hyperliquid
• Position Adjustment: Increased Long Exposure in SOL at 20x Leverage
• Potential Movement: Pending Orders Indicate Possible Further Accumulation

This move highlights the whale's bullish outlook on the crypto market, especially in the current environment, where the increased positions in SOL and ETH may signal confidence in the overall market direction.