A cryptocurrency whale has made a significant move by depositing $4.87 million in USDC into the HyperLiquid platform. The whale utilized this capital to open a long position on Ethereum (ETH) with 20x leverage across two wallets. Additionally, the whale invested $387,861 USDC to purchase 10,043 HYPE tokens at a price of $38.6 each, which were subsequently sent for staking.