According to Lookonchain, two newly created wallets have deposited $19.43 million USDC into the Hyperliquid platform to take a 5x leveraged long position on HYPE (Source: Lookonchain, June 11, 2025). This substantial capital inflow from fresh wallets signals heightened institutional or whale interest in HYPE, which may drive significant price volatility and increase trading volumes on Hyperliquid. Crypto traders should monitor HYPE’s order books and liquidity closely, as this leveraged position could trigger rapid price movements and possible liquidations, impacting the broader altcoin market if volatility spreads.

According to Lookonchain, two major crypto whales have purchased a total of 385,720 $HYPE tokens valued at $14.9 million within the past 3 hours, signaling significant trading interest. Whale 0x7E4E spent 9.97 million USDC to acquire 259,367 $HYPE at an average price of $38.5, while whale 0x5dE5 invested 4.94 million USDC for 126,353 $HYPE at $39.1 and subsequently staked the tokens. These large-scale accumulations and staking activities suggest bullish sentiment and could drive short-term price volatility and liquidity in the $HYPE market. Traders should monitor on-chain movements and potential follow-up whale actions for further market direction. Source: Lookonchain (Twitter, June 10, 2025).

According to @EmberCN, a whale recently transferred $3 million USDC from Binance to Hyperliquid to bolster margin on a large 5x short position in HYPE, totaling 187.5 HYPE tokens valued at $50.4 million at an entry price of $20.4. The position is currently facing an unrealized loss of $12.06 million, with the updated liquidation price now at $31.6 following the margin increase. This significant short exposure and high unrealized loss could create volatility in the HYPE market if the position nears liquidation, offering potential trading opportunities for both long and short traders (source: @EmberCN, Twitter, May 17, 2025).

According to @EmberCN, whale address 0x20b withdrew $23.46 million USDC from Binance over the past 27 hours and transferred the funds to Hyperliquid. They opened a $45.77 million short position on HYPE using 5x leverage, with an entry price of $20.4 and a liquidation level at $30. The position currently faces a $7.43 million loss (down 32%), highlighting significant risk exposure. Traders should closely monitor HYPE price action and whale activity, as large leveraged positions like this can increase volatility and impact overall crypto market sentiment (Source: @EmberCN on Twitter).