Analysis: Most whales trading PUMP contracts on Hyperliquid are low-leverage transactions, perhaps mainly for arbitrage
Odaily News According to Ai Yi, an analyst on the chain, after Hyperliquid launched the PUMP contract, most of the whales played the game of millions of margin + 1x leverage. In fact, they were most likely to go for the public offering arbitrage on the 12th, or to make a short-term profit. Currently, three whales have accumulated a deposit of 11 million USDC, but only opened a short position of 2.394 million US dollars. Due to the lack of a mark price, HYPE is currently in a state of easy manipulation. If it is pulled to 0.015 US dollars at 11:30 this morning, then the 1x leverage will also be forced to close if the margin is insufficient. Among them, the address 0xAc7...D53ce is the most aggressive, with a margin of 4 million USDC to open a 2x short order, holding 1.074 million US dollars, an opening price of 0.00504 US dollars, and a closing price of 0.02138 US dollars.
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From Cash to Cryptocurrency: Moving Towards a Unified Regulatory Path for Illegal Payments
Who will own the most Bitcoin in 2026
A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic
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I’m unable to access the original article content you referenced. Please provide specific details or another article so…
