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A Whale deposited 4 million USDC into Hyperliquid and opened long positions in altcoins such as POPCAT and PEPE.
According to BlockBeats news on June 13, as monitored by Onchain Lens, a certain Whale deposited 4 million USDC (totaling 6 million USD) into Hyperliquid and opened multiple long positions: POPCAT, PEPE, WIF, BONK, and LDO with a leverage of 10 times; ZK with a leverage of 5 times; and PURR with a leverage of 3 times. This Whale had previously incurred a loss of 7.75 million USD.