Gate News bot message, a significant trading activity was observed on Hyperliquid platform. A whale trader deposited 4 million USDC into Hyperliquid and initiated a short position on HYPE token with 3x leverage. Simultaneously, the trader established a Time-Weighted Average Price (TWAP) order to purchase HYPE tokens worth $2.5 million in the spot market. The trading activity took place after a month-long period.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Major Whale Executes Complex Trading Strategy on Hyperliquid with USDC and HYPE Tokens
Gate News bot message, a significant trading activity was observed on Hyperliquid platform. A whale trader deposited 4 million USDC into Hyperliquid and initiated a short position on HYPE token with 3x leverage. Simultaneously, the trader established a Time-Weighted Average Price (TWAP) order to purchase HYPE tokens worth $2.5 million in the spot market. The trading activity took place after a month-long period.