Whale takes out 20x leveraged SOL long for 500,000 tokens on Hyperliquid

AI Market Summary

On-chain monitoring shows a whale initiating a very large 20x leveraged SOL long on Hyperliquid, targeting ~500,000 SOL (~$37.9M notional) with partial fills already executed. This is the platform's largest SOL position, increasing the risk of volatility from liquidation dynamics, forced hedging, and copy-trading behavior. Near-term price action may become more flow-driven as the remaining order is filled.

Impact level

● Medium

Affected assets

SOL/USDT+2.24%

AI Insight · SOL/USDTAI Insight

▲ Bullish

Trade now

⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.

Blockchain tracker Ai Yi reports that whale address 0x9c6…fa4ed is building a 20x leveraged long in SOL with a total notional size of about $37.93 million. The address transferred 8.43 million USDC to Hyperliquid yesterday as margin to open a 500,000 SOL long, targeting an execution price of $75.867. So far, 209,000 SOL have been filled, worth roughly $15.91 million, making it the largest SOL position on the Hyperliquid platform. The remaining size is still being executed.

Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.

Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.