Whale Invests $3.2M USDC into HyperLiquid, Signaling a Significant Short Position in HYPE Token

A notable whale investor injected a significant sum of $3.2 million USDC into the HyperLiquid platform on May 8, 2025. This action bolstered their existing 5x leveraged short position on the HYPE token. Currently, the whale faces approximately $1.93 million in floating losses, yet they’ve chosen to double down, showcasing strong market conviction. The timing of this injection raises questions about potential future market trends and strategies.