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A new wallet just threw 3 million USDT to open a 10x leveraged long on HYPE—this move is pretty bold.
[BlockBeats] There’s some explosive news from on-chain data again.
A newly created wallet address just dumped $3 million USDC straight onto the HyperLiquid platform, and then? Opened a full position long on HYPE with 10x leverage.
That’s a bold move. New wallet, big funds, high leverage—put those three tags together and it’s either a seasoned pro using a fresh account or a player brimming with confidence.
HYPE has been trending recently, and now with a whale making moves like this, market sentiment is likely to get stirred up again. But then again, 10x leverage is no joke—a slight fluctuation could lead to liquidation.
It looks exciting, but the risk is really high.