A cryptocurrency whale has made significant moves on the Hyperliquid platform by depositing $4 million in USDC. The whale placed an order to short the HYPE token with 3x leverage. Additionally, a TWAP (Time-Weighted Average Price) order was set up to purchase $2.5 million worth of HYPE on the spot market. These strategic trades indicate a complex approach to managing exposure to the HYPE token.
Whale Deposits $4M USDC to Short $HYPE and Buys $2.5M on Spot Market
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