Whale Utilizes 5x Leverage to Short Bitcoin, Ethereum, and Solana with $13 Million USDC on Hyperliquid

A large crypto investor is generating buzz in the market by deploying a significant short position on major digital currencies. On May 10, 2025, they deposited 13 million USDC onto Hyperliquid, leveraging this position to short Bitcoin, Ethereum and Solana at a 5x leverage level. This move could have immediate ramifications for crypto markets as it introduces increased volatility into the space.