A crypto whale staked 100K $HYPE tokens worth $4.26M, leveraging a complex market-neutral strategy for yield and risk control.
The whale's $28.39M profit reflects strategic shorts across SOL, BONK, and others, paired with staking for diversified gains.
Leveraged trades on HYPE-USD and other tokens generated over $191K in 24 hours, underscoring the whale's precise market execution.
A crypto whale deposited $8 million USDC into HyperLiquid, immediately spending over half to acquire 100,000 HYPE tokens at $42.58. The tokens were staked, while the whale opened leveraged short positions across multiple tokens, suggesting a complex market play combining yield farming with bearish bets.
$HYPE Acquisition Signals Yield-Backed Strategy
According to a post by Onchain Lens, the trader executed a $4.26 million buy order for 100,000 $HYPE at $42.58 each and staked the entire position. This move locked 100,006.84 HYPE units with the Nansen x HypurrCollective validator, earning 6.15 units in rewards so far. With 18 hours remaining on the lock, the whale appears committed to securing staking income while holding a core spot position.
https://twitter.com/OnchainLens/status/1932995017850958113
The balance shows zero available staking tokens, implying the entire tranche was locked without reservation. That level of capital dedication signals confidence in the protocol’s staking returns and token fundamentals. However, the simultaneous shorting of HYPE-USD creates a hedge against short-term volatility.
Interestingly, staking was paired with leveraged exposure elsewhere, creating a net market-neutral structure on paper. This points to a sophisticated asset custody and yield optimization strategy that limits downside while capturing staking rewards.
Coordinated Short Positions Across Major Tokens
The whale simultaneously opened a 10x leveraged short on HYPE-USD, worth $4.14 million at an entry of $42.5623. With current prices at $41.449, the trade holds a $111,331.07 gain. The liquidation mark is $89.088, offering ample room for fluctuation.
The portfolio includes a $1.77 million short on SOL-USD at 20x leverage, which has netted $217,322.91 in gains. TRUMP, SUI, and BONK were also targeted, with individual short positions yielding over $200,000 each. These positions include favorable funding rates, with BONK-USD alone generating over $9,000 in rewards.
SPX-USD and FARTCOIN-USD also drew notable trades. One SPX-USD short, opened at $1.65415, is now in $20,296.42 profit. A FARTCOIN short opened at $1.37683 has earned $34,565.93, with 3x leverage used to reduce liquidation risk while still profiting from price action.
Historical PnL and Active Income Confirm Strategic Execution
The whale’s all-time profit exceeds $28.39 million, with $891,831.04 booked in the last 30 days. Despite $85,847.54 in recent losses, the trader rebounded with $191,114.45 in 24 hours. Referral earnings added $6,653.22, and staking remains active, combining yield, leverage, and community incentives in a balanced, high-performance portfolio.
The post Sophisticated Crypto Play: Whale Combines Yield Farming with $4.14M Shorts appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
