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Large investors invest $80 million in Hyperliquid, adopting an aggressive long strategy focused on altcoins and meme coins
According to blockchain data, a trader with address 0xEa6…061EE recently executed a large transaction worth noting. This trader deposited $8 million in USDC on the Hyperliquid platform and quickly built exposure across multiple assets.
Expanded Position Across 11 Tokens
In the past few hours, this investor opened long positions in 11 altcoins and meme coins, including $IP, $XPL, $STBL, $MON, $PUMP, $GRIFFAIN, $VVV, $AIXBT, $HEMI, $MAVIA, and $STABLE. The portfolio features position sizes ranging from $600,000 to $2 million, emphasizing diversification rather than concentrated investment.
Achieved Total Buy Exposure of $13.76 Million
The total buy exposure across all positions amounts to $13.76 million. This significantly exceeds the initial deposit of $8 million, indicating a leveraged trading strategy.
Current Losses and Market Environment
At the time of writing, this trader is experiencing an unrealized loss of approximately $12,000, facing market volatility. Their actions suggest a bullish stance on the altcoin and meme coin markets, but short-term volatility management may become a key challenge moving forward.