Smart Money deposit
A Smart Money entity has deposited 1.95 million USDC into Hyperliquid, opting to go long on Bitcoin with 15x leverage. This significant transaction occurred just 30 minutes ago. The decision to use 15x leverage indicates a bullish outlook on Bitcoin’s price movement. Leveraged trading allows for greater exposure to the market, amplifying both potential gains and risks. Hyperliquid, a decentralized exchange, provides a platform for such trading activities, catering to market participants looking to capitalize on price fluctuations.
