A crypto whale invested $4.26 million in HYPE tokens, employing a complex market strategy combining yield and risk management.
HYPE-Based Strategy
The crypto whale deposited $8 million USDC into HyperLiquid, immediately spending over half to acquire 100,000 HYPE tokens at $42.58. The tokens were staked while the whale opened leveraged short positions across several tokens, suggesting a complex market play combining yield farming with bearish bets.
According to a post by Onchain Lens, the trader executed a $4.26 million buy order for 100,000 HYPE at $42.58 each and staked the entire position. This move locked 100,006.84 HYPE units with the Nansen x HypurrCollective validator, earning 6.15 units in rewards so far.
Short Positions on Major Tokens
The whale simultaneously opened a 10x leveraged short on HYPE-USD, worth $4.14 million at an entry of $42.5623. With current prices at $41.449, the trade holds a $111,331.07 gain. The liquidation mark is $89.088, offering ample room for fluctuation.
The portfolio includes a $1.77 million short on SOL-USD at 20x leverage, which has netted $217,322.91 in gains. TRUMP, SUI, and BONK were also targeted, with individual short positions yielding over $200,000 each.
Historical Profit and Active Income
The whale’s all-time profit exceeds $28.39 million, with $891,831.04 booked in the last 30 days. Despite $85,847.54 in recent losses, the trader rebounded with $191,114.45 in just 24 hours. Referral earnings added $6,653.22, and staking remains active, creating a balanced, high-performance portfolio.
The operations of the crypto whale highlight a complex approach to capital management and yield optimization that combines both staking and short positions.