A whale deposited $32.1 million USDC into HyperLiquid to increase its holdings of HYPE and opened a short position to hedge.

A whale deposited $32.1 million USDC into the HyperLiquid platform to increase its holdings of $HYPE. It now holds 741,318 HYPE tokens, worth approximately $24.63 million. It also opened a short position in HYPE with 10x leverage.