Hyperliquid: Whale Opens $37.9M 20x SOL Long

Hyperliquid whale at 0x9c6a5b4662c722d2c47f43d6c9813cb080ffa4ed transferred 8.43 million USDC yesterday and opened a 20x long targeting 500,000 SOL at $75.867, with 209,000 SOL already filled for $15.91 million.

The position ranks as the largest SOL exposure on the platform, with the remainder still accumulating.

Price sits at $75.96 inside the Bollinger Bands with upper resistance at $76.69. The 50-EMA at $74.18 and 200-EMA at $74.73 provide layered support while MACD holds a bullish golden cross at 0.65 and RSI at 66.19 leaves room before overbought conditions. A measured pullback toward the 50-EMA confluence appears likely before any extension higher.