PANews reported on December 1 that, according to Onchain Lens monitoring, in the past 24 hours, a whale deposited 7 million USDC into HyperLiquid and opened a long position in HYPE with 5x leverage.

The position is currently worth $24 million, with an average opening price of $31.90 and a liquidation price of $22.16. The current floating loss is approximately $1.9 million.