A whale address spent 5.04 million USDT to buy 35,000 SOL tokens and holds a 20x BTC long position worth $29 million.

According to Odaily Planet Daily, Onchain Lens monitoring shows that a whale address deposited 5 million USDC into HyperLiquid and spent $5.04 million to purchase 35,335 SOL tokens at an average price of $143 per SOL.

The whale also holds a 20x long position in BTC worth $29 million, totaling 300 BTC.