A 'whale' from the air force deposited 3.36 million USDC into the HyperLiquid platform!
After depositing the money, this whale also opened several short positions:
Bitcoin (BTC) used 40x leverage
Ethereum (ETH) used 10x leverage
Solana (SOL) used 20x leverage
Today there are particularly many short positions; it feels like it’s going to be fuel again, helping Ethereum reach a new high of $SOL $ETH