A significant move from a large cryptocurrency holder on the DeFi platform HyperLiquid has triggered market volatility. The whale, known to be using high leverage for short positions, deposited $3.36 million USDC into the platform and opened leveraged bets of 40x on Bitcoin, 10x on Ethereum, and 20x on Solana. This action is raising concerns about potential market risks as liquidity risks become apparent. While no official statements from HyperLiquid or key industry figures have been made yet, experts are closely monitoring the situation. We’ll need to observe the impact of these moves on BTC, ETH, and SOL prices, as well as how it impacts DeFi borrowing and lending dynamics.