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A Whale deposited about 2.95 million dollars into HyperLiquid, shorting ETH, PEPE, etc.
According to Wu, OnchainLens monitoring reveals that a Whale address (0xcddf…5f6b) deposited approximately 2.95 million USD to HyperLiquid and opened short positions in ETH (25x leverage), PEPE, WIF, and OP (all at 10x leverage). The current total Holdings market capitalization exceeds 66.75 million USD, with unrealized gains of about 1.26 million USD.