FalconX-related whale opens 20x leveraged long position on approximately $21.6 million CL

Odaily reported that according to Onchain Lens monitoring, an address associated with FalconX deposited $11.94 million USDC into HyperLiquid and increased its CL long position (20x leverage) to 202,000 tokens, with a position value of approximately $21.6 million.

Additionally, the address also holds a small BRENTOIL long position (20x leverage), as well as short positions in HIMS and RIVN (10x leverage).