A whale has deposited 5.8 million USDC into Hyperliquid to short MON with 3x leverage.

BlockBeatsOct 8, 2025
#DeFi MON-4.31%HYPE+1.72%USDC+0.04%

October 8th, according to Onchain Lens monitoring, after Hyperliquid announced the launch of $MON perpetual contracts supporting 3x leverage, a whale immediately deposited 5.8 million $USDC into Hyperliquid and opened a 3x leveraged short position on MON.

[BlockBeats]
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A whale has deposited 5.8 million USDC into Hyperliquid to short MON with 3x leverage.

BlockBeatsOct 8, 2025
#DeFi MON-4.31%HYPE+1.72%USDC+0.04%

October 8th, according to Onchain Lens monitoring, after Hyperliquid announced the launch of MON perpetual contracts supporting 3x leverage, a whale immediately deposited 5.8 million USDC into Hyperliquid and opened a 3x leveraged short position on MON.

[BlockBeats]
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