PANews reported on February 13 that, according to Onchain Lens monitoring, whale "0x982" deposited 4.8 million USDC (approximately US$4.8 million) into HyperLiquid and opened a 20x leveraged short position in ETH, and is currently adding to its position.

Six days ago, the whale deposited 2.4 million USDC (approximately US$2.4 million) and opened a 10x leveraged short position in HYPE and a 20x leveraged long position in Bitcoin.