A whale that reportedly made over $16.39 million in profit on Hyperliquid opened a new long position of 1 million LIT tokens.

CoinFeed reported on March 26th that, according to Onchain Lens monitoring, a whale that has made over $16.39 million in profits on Hyperliquid has just made a move, opening a long position in LIT. This wallet is likely linked to NervousDegen, and the positions are as follows: 100 BTC long (40x), worth $7.09 million; 1 million LIT long (5x), worth $982,000. It also holds 75,160 HYPE in the spot market and in stake, worth $3.01 million.