A new wallet deposited 10 million USDC in Hyperliquid, bought spot and opened 10 times leverage to short HYPE hedging positions

Crypto 7x24

2025-09-11 10:14:53

7990

According to online reports, according to monitoring by Onchain Lens, a newly built wallet transferred 10 million USDC units to Hyperliquid, some of the funds were purchased in spot, and HYPE short orders with 10 times leverage were opened. The wallet still holds approximately $9 million in funds.

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