A new whale address deposits US$5.42 million in USDC to Hyperliquid and shorts ETH, WLFI and XPL

Crypto 7x24

2025-08-24 12:13:55

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According to online reports, according to monitoring by online analytics platform Lookonchain, a newly created wallet address (0x54D7) deposited US$5.42 million in USDC into Hyperliquid to short ETH, WLFI and XPL. Current positions in this wallet include: 10,641 ETH (approximately US$51.2 million);396,711 WLFI (approximately US$116,800); and 53,793 XPL (approximately US$29,300).

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