Whale Opens 31.9M SKHX Long Position on Hyperliquid on July 29 After Adding 1.81M USDC Margin

HYPE-0.15%
USDC-0.01%

According to BlockBeats, on July 29, a whale address (0xc8b...48891) deposited 1.817 million USDC as margin on Hyperliquid and subsequently opened a 4x leveraged long position of 31,968.24 SKHX, valued at approximately $31 million, at an entry price of $981.91.

The position is currently down approximately $401,000.

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