Ancient Bitcoin Whale Deposits $30M USDC to Hyperliquid, Opens 12x ETH Short (76,242 ETH, ~$330M) — Liquidation at $4,613.7

According to LookIntoChain monitoring, an on‑chain entity identified as the Bitcoin ancient whale deposited 30 million USDC into Hyperliquid, a transaction flagged by blockchain analytics platforms as a notable liquidity allocation.

On‑chain data indicates the same address opened a 12x ETH short with a position size of 76,242 ETH (roughly $330 million), carrying a reported liquidation threshold near $4,613.7, reflecting a significant leveraged exposure and concentrated margin profile.

Market participants should track funding rates, order book liquidity and other on‑chain metrics, since high‑leverage positions can trigger rapid deleveraging and counterparty risk in volatile moves; this report is confined to observed on‑chain activity and does not infer intent.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.