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Large Position Opened: Trader Deposits 701K USDC on Hyperliquid for PEPE and WIF Leveraged Trading
Gate News bot message, a trader has made significant moves in the cryptocurrency market by creating a new wallet and depositing 701,000 USDC into Hyperliquid. The trader proceeded to open long positions on PEPE and WIF tokens with 10x leverage.
The opened positions consist of 258 million kPEPE valued at $2.5 million and 2.47 million WIF valued at $2 million. The trader’s identity remains unknown, with speculation directed at @JamesWynnReal.