PANews reported on November 21 that, according to Onchain Lens monitoring, the "whale that deposited funds into HyperLiquid for the first time" has completely closed out its 20x leveraged long ETH position, realizing a profit of $1.38 million.

Earlier today, it was reported that a whale deposited 5 million USDC into HyperLiquid for the first time and went long on ETH with 20x leverage .