An address deposited $8 million in margin into Hyperliquid and long position of $13.76 million in multiple currencies.
AI Summary1 min read
TL;DR
An address deposited $8 million USDC as margin on Hyperliquid and opened long positions totaling $13.76 million across multiple cryptocurrencies, currently facing a $12,000 floating loss.
Tags
HyperliquidDeFiLayer 1PlasmaDecentralized Exchange (DEX) TokenSTBLmargin depositlong positionscryptocurrency tradingon-chain analysis
[An address deposited $8 million in margin to Hyperliquid and long$13.76 million in long positions across multiple cryptocurrencies] According to Mars Finance, on-chain analysts monitored an address (0xEa6...061EE) that deposited 8 million USDC into Hyperliquid as margin. The address then opened long positions in IP, XPL, STBL, MON, PUMP, GRIFFAIN, VVV, AIXBT, HEMI, MAVIA, and STABLE, with each position ranging in value from $600,000 to $2 million, for a total position value of $13.76 million. Currently, the address is showing a floating loss of $12,000.