A whale deposited 4.35 million USDC into HyperLiquid to short LIT by 1x.
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TL;DR
A whale deposited 4.35 million USDC into HyperLiquid to short LIT at $2.74 with 1x leverage, incurring a $200,000 floating loss. The whale also holds other short positions on Lighter with a $1.6 million floating profit.
Tags
LighterLayer 1MoneroPrivacyAsterDeFiwhaleUSDCHyperLiquidLITshort position
[A whale deposits 4.35 million USDC into HyperLiquid to short LIT with 1x short] According to Mars Finance, on December 30th, Onchain Lens monitoring revealed that a whale deposited an additional 4.35 million USDC into HyperLiquid and opened a short position in LIT with 1x leverage, at an average entry price of $2.74, facing a floating loss of $200,000. It's worth noting that this whale also short XMR (10x), ASTER (5x), MEET (5x), HYPE (3x), USELESS (3x), and STBL (3x) on Lighter, with a floating profit of $1.6 million.