Crypto trading has gained attention, and a recent case on Hyperliquid highlights how big players can influence the market.
Deposit and Position Opened
A crypto whale known by wallet address **0xb9c0** made headlines after executing one of the most profitable trades on Hyperliquid. The trader deposited **$16 million USDC** and opened a massive long position on **XPL**, a token with relatively low liquidity.
Market Impact and Liquidation
This sudden buy pressure sent the price of XPL soaring to **$1.8**, causing a wave of liquidations across smaller traders who were caught off guard. The rapid spike underscored how a single large player can influence thin markets.
Profit Secured in Short Time
After the price peak, the whale closed his position, securing a staggering **$14 million profit in less than an hour**. This incident reinforced the dominance of large players in decentralized markets.
The event serves as a reminder for traders to remain cautious when trading highly leveraged assets. In such volatility, fortunes can be made—or lost—in a matter of minutes.
