Data: A certain whale deposited 4 million USDC into Hyperliquid and went long on 500 BTC

According to on-chain analyst Yu Jin's monitoring, before the US stock market opened, a certain whale transferred 4 million USDC to Hyperliquid, going long on 500 BTC at an average price of $62,911, with a position size of approximately $31.48 million and a leverage ratio of about 8 times, resulting in a high liquidation risk.

The address also holds 12,027 ETH in spot, which was purchased in March at an average price of $2,068, currently showing an unrealized loss of about $3.6 million.