On-chain tracker Onchain Lens reported that a newly created wallet deposited $2.67 million worth of USDC into HyperLiquid and opened a 2x leveraged long position in 1.62 million LIT. At the time of reporting, the position was showing more than $330,000 in unrealized profit. The trade has drawn attention because of the wallet’s recent creation, the size of the capital deployed, and the concentration of the bet in a single token. Based on the disclosed data, the key details currently known are the deposit amount, the use of USDC as margin, the 2x leverage, the size of the LIT position, and the unrealized gain. No additional information has been provided regarding the wallet owner’s identity or the exact entry price of the trade.
Odaily reported that, according to monitoring by Onchain Lens, a newly created wallet deposited $2.67 million worth of USDC into HyperLiquid and opened a 2x leveraged long position on 1.62 million LIT.
Position shows more than $330,000 in unrealized profit
At the time the update was published, the position was reportedly sitting on more than $330,000 in unrealized profit. Based on the disclosed data, the trade stands out for several reasons: it was executed by a new wallet, used USDC as margin, employed 2x leverage on HyperLiquid, and established a relatively large directional bet on LIT in a single move.
Because the address was identified as a newly created wallet and the capital committed was substantial, the position is being viewed by the market as a notable whale-style trade on-chain. It is also worth noting that the currently available information is limited to the deposit size, leverage level, position size, and unrealized profit. Neither Odaily nor the cited monitoring update disclosed the wallet owner’s identity or the exact entry price of the LIT long.
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