PANews reported on March 10 that according to Spot On Chain data, a whale deposited $3.92 million USDC into the Hyperliquid platform in the past 17 hours to buy more HYPE tokens and open long positions. Currently, the whale holds the following assets:

• 241,876 HYPE spot, valued at $3.53 million, with an unrealized loss of $1.47 million (-29.4%);
• Long position of 320,333 HYPE, opened at $14.46 (3x leverage);
• There are pending buy orders for 5,080 HYPE at a price range of $14.05 to $14.15.