According to PANews on February 1st, a crypto whale who previously netted $4.57 million from XPL and HYPE trades has resurfaced following a two-month hiatus. Data from Onchain Lens reveals the trader deposited 1.13 million USDC into Hyperliquid, subsequently initiating an aggressive 10x leveraged short position on BNB—a notably bold move that analysts believe signals strong bearish conviction.
PANews reported on February 1st that, according to Onchain Lens monitoring, a whale deposited 1.127 million USDC into Hyperliquid after a two-month period of inactivity and then opened a 10x leveraged short position on BNB. Previously, this whale had earned $4.57 million trading tokens such as XPL and HYPE.
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