According to Odaily Planet Daily, MLM monitoring indicates that "1011 Insider Whale" (suspected to be Garret Jin) deposited 20 million USDC into Hyperliquid to open long positions in BTC and ETH. It is reported that he immediately established long positions through two large market orders: 150 Bitcoins (approximately $15.8 million) and 5,000 Ethereums (approximately $17.9 million).