Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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An address opened a long position of approximately $3 million in HYPE using 10x leverage, and the position size has now increased to approximately $19 million.

2025-12-01 00:39

According to OnchainLens monitoring, an address deposited approximately $3 million worth of USDC into the decentralized exchange HyperLiquid and opened a 10x leveraged long position in HYPE. This position subsequently expanded significantly, currently valued at approximately $19 million, and is still growing.