- Main event, leverage position, market stability, financial shifts, expert analysis.
- Whale deposits $10M, leverages $44M ETH.
- Market remains stable with no significant volatility.
An anonymous whale, tracked as ‘1011short’, executed a leveraged Ethereum position on November 25, 2025, depositing $10M USDC on Hyperliquid, causing market stir.
While significant, no key figures or institutions officially label the move as historic, and market reactions remain muted, reflecting the volatility commonplace in crypto trading.
A significant transaction was recorded when an anonymous crypto whale deposited $10M USDC into Hyperliquid. This bold move involved opening a 5x leveraged long position on Ethereum, with an exposure of approximately 15,000 ETH, equating to $44M.
Key players in this scenario include the whale known as “1011short” and the Hyperliquid exchange. No public statements have been issued by the whale or the exchange, emphasizing the need for transparency.
The market impact has been relatively stable since the position has not triggered excessive volatility. The transaction is notable but not historic, aligned with past behavior patterns of crypto whales.
Financial implications indicate an initial unrealized loss of ~$38,000, with ETH valued at $2,896 as of the latest reports. This highlights the risks inherent in leveraged trading positions. Experts suggest this whale activity, while significant, should not be misconstrued as a historic market event. It follows a precedent seen in previous years, driven by speculative trading strategies within the volatile crypto market.
“We do not comment on individual trader activity. All positions are executed per our open order book and risk engine. No privileged access or special treatment is given to any trader.” – Hyperliquid Team, Official Statement, Hyperliquid Exchange
