I just saw that a whale moved their chips in Hyperliquid recently. The guy took advantage when WTI crude oil dropped below $90 and entered a pretty strong long position, with 20x leverage. We're talking about $2.36 million at an average price of $89.6. His liquidation is at $85.75, so he left some margin but not much.



The interesting part is that while doing this, he closed a small position in BTC that was already liquidated and put the money into HYPE instead of waiting. Now he has $2.53 million in HYPE with a partial take profit at $45. It seems like he's betting heavily that crude will keep rising from these $90 and that HYPE will also run. The address is 0x20b7807939c774a152b396beb704acac68fa10fe if you want to verify the movements.
HYPE-2,45%
BTC0,23%
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