A whale on Hyperliquid with a PnL of over $16.39M just entered a new position.
This wallet (believed to be related to NervousDegen) has opened:
– Long 100 $BTC (40x) with a scale of about $7.09M
BTCUSDT
Perp
65,673.1
-1.51%
– Long 1M $LIT (5x) approximately $982K
LITUSDT
Perp
0.823
-4.52%
Additionally, still holding 75.16K $HYPE (~$3.01M) in spot + staking.
HYPEUSDT
Perp
38.16
-3.83%
Still the familiar trading style: holding spot while using leverage to optimize profits — worth keeping an eye on the next moves.