Browsing: Hyperliquid news
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In the world of cryptocurrency trading, the recent increase in a ZEC long position has captured considerable attention.A prominent whale recently made headlines by depositing $4.49 million USDC into HyperLiquid, aiming to amplify its ZEC long position by an astounding 10 times.
In a groundbreaking move, a prominent trader has established a substantial short position in HYPE, amounting to $2.9 million, by employing a 10x leverage strategy.This bold action highlights the growing trend of whale trading strategy in the cryptocurrency market, particularly for traders looking to capitalize on short selling HYPE.
On November 29, Hyperliquid will embark on a significant milestone with the unlock of $308 million worth of HYPE tokens, marking the first time these assets are being released into circulation.This event accounts for 2.66% of the total supply and carries great importance for investors and enthusiasts alike, amplifying the buzz in Hyperliquid news.