A whale that had been dormant for 5 months has re-entered the market, depositing approximately $1 million in margin into Hyperliquid and directly opening a 20x leveraged long position on Brent crude oil. The return of old funds to high-leverage orders suggests that on-chain traders’ risk appetite is still there; however, this kind of position looks more like a short-term bet rather than confirmation of a broader trend. $HYPE

HYPE2,01%
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