On-chain tracker @OnchainLens said a highly profitable wallet recently deposited 1.5 million USDC, worth about $1.5 million, into Hyperliquid and then opened short positions with a notional value of roughly $8.14 million. The trader’s historical cumulative profit and loss stands at about $6.46 million. Data shared in the update shows the wallet used 2x leverage across several short positions, with total notional exposure exceeding $8 million. The main short targets listed were SPCX at about $2.37 million, DRAM at about $1.3 million, and MU at about $1.11 million, all at 2x leverage.
According to on-chain tracker @OnchainLens, a highly profitable wallet recently deposited 1.5 million USDC, worth about $1.5 million, into Hyperliquid and then opened short positions with a notional value of about $8.14 million.
The trader’s historical cumulative profit and loss is about $6.46 million. On-chain data shows the wallet opened multiple short positions using 2x leverage, with total notional exposure above $8 million.
Main short positions
- SPCX: about $2.37 million at 2x leverage
- DRAM: about $1.3 million at 2x leverage
- MU: about $1.11 million at 2x leverage
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