Whale Opens 5x Leveraged AVAX Long with 3.29M USDC on Hyperliquid, Up $1.39M — Adds $7M Collateral

According to Onchain Lens monitoring, a crypto whale initially deposited 3.29 million USDC on Hyperliquid and deployed it to open a 5x leveraged AVAX long, a position held for 22 days and currently showing an unrealized profit of $1.39 million.

Four hours ago the same on-chain address added an extra 7 million USDC to boost collateral, increasing margin capacity and enlarging the exposure while preserving the long stance on AVAX.

These verifiable deposits and performance metrics underscore significant capital allocation and liquidity utilization on the Hyperliquid derivatives venue, with Onchain Lens providing transparent on-chain traceability of the transaction history and position metrics.