Whales Open High-Leverage BTC Positions on Hyperliquid

Two significant cryptocurrency investors have opened leveraged Bitcoin positions on the Hyperliquid platform, according to Onchain Lens monitoring. One whale, identified by the address 0x8d0E…9244, deposited $3 million in USDC to open a long BTC position with 20x leverage. This investor has previously incurred losses exceeding $11 million.

Simultaneously, another whale, with the address 0x218A…7Da2, deposited $5.2 million in USDC to initiate a short BTC position with 14x leverage. This investor has a history of making a $10 million profit. These moves highlight the ongoing high-stakes trading activities among large crypto holders.