Three major whale addresses sweep 2.47 million USDC in 24 hours, TST long positions account for 40% of Hyperliquid's total open interest

【Block Rhythm】On December 24th, there was a new development in on-chain data. Three addresses, possibly controlled by the same entity, deposited a total of 2.47 million USDC as collateral into Hyperliquid in the past 24 hours, then opened a $1.69 million TST long position in one go. This number is significant—it accounts for 42.3% of Hyperliquid’s total TST holdings, and the top 3 long positions are all held by these addresses.

Interestingly, the operational patterns of these three addresses are almost identical. They all did the same thing: transferred BTCB from an exchange, deposited it into Aster, and then withdrew USDT. More importantly, all these collateral funds were urgently withdrawn from exchanges within the past 24 hours and directly invested into Hyperliquid. Currently, these addresses hold only one type of position—TST long.

It is worth noting that one of these addresses (0x48c…bc9d0) had previously gone long on TST in early December, earning $31,000 at that time. This time, with a large investment, it appears they are repeating the same profitable operation.