BlockBeats reports, citing Lookonchain, that a trader deposited 3 million USDC into Hyperliquid on Aug. 6 and opened a long position on UNITREE, the token associated with Unitree Robotics. The position was built with 5x leverage and currently holds 3,507 UNITREE, worth about $264,000 as of the latest update. The trader behind the wallet has not been identified. No entry price, liquidation threshold, or target allocation was provided. The deposit and the leveraged long were both flagged by Lookonchain as part of its on-chain monitoring.
BlockBeats reports, citing on-chain monitor Lookonchain, that a trader deposited 3 million USDC into Hyperliquid on Aug. 6 and began building a long position in UNITREE, the token associated with Unitree Robotics.
According to Lookonchain, the trader has opened a 5x leveraged long on 3,507 UNITREE, with the position currently worth approximately $264,000. The trader's identity was not disclosed, and no entry price or liquidation level was provided.
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