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A certain new wallet deposited $1 million into HyperLiquid and shorted ETH with 25x leverage.

By: theblockbeats.news|2025/08/31 14:01:43

BlockBeats News, August 31st, according to Onchain Lens monitoring, a newly created wallet withdrew 2 million USDC from Binance and deposited 1 million US dollars into HyperLiquid to short ETH with 25x leverage.


The whale still holds 1 million USDC in the chain and may use it for margin, or increase their short position.

A certain whale participated in the first round of the public sale, spending 15 million USDC to subscribe to 1 billion WLFI tokens. Tomorrow, they will unlock and claim 200 million WLFI tokens, worth 70 million dollars.High-profile BTC Whale Rebalances into ETH Again 30 minutes ago, a ancient BTC whale once again transferred 1000 BTC to Hyperliquid to rebalance into ETH.

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