Whale wallet deposits 5.42 million USDC, takes massive short positions… Targeting ETH, WLFI, XPL
Suehyeon Lee
Summary
- A whale investor reportedly deposited 5.42 million USDC into Hyperliquid through a newly created wallet.
- After the deposit, this investor established substantial short positions on Ethereum (ETH), World Liberty Financial (WLFI), and Plasma (XPL).
- The wallet's holding sizes have been identified as 10,641 ETH, 396,711 WLFI, and 53,793 XPL.
A whale investor reportedly created a new wallet two hours ago and established a large short position.
On the 24th (local time), Lookonchain reported on X that “a whale created a new wallet (0x54D7), deposited 5.42 million USDC into Hyperliquid, and established massive short positions on Ethereum (ETH), World Liberty Financial (WLFI), and Plasma (XPL).”
The current positions in this wallet have been identified as 10,641 ETH (about 51.2 million dollars), 396,711 WLFI (about 116,800 dollars), and 53,793 XPL (about 29,300 dollars).
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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