PANews reported on April 9 that according to monitoring by on-chain analyst Yu Jin, a whale named "silentraven" at DeBank used 7.5 million USDC as margin to go 3x long on HYPE, and currently has a floating profit of $1.05 million.

He borrowed 7.5 million USDC from Aave by mortgaging 3.805 million WBTC (29.4 million BTC), and then transferred it to Hyperliquid 3x to buy 858,000 $HYPE (10.81 million USD). The average opening price was $11.36, and the current floating profit was $1.05 million.