Whale Movement: Three addresses deposit 2.47 million USDC in 24 hours, occupying the top three positions in Hyperliquid TST longs

2025-12-24 08:40:11

【CryptoWorld】On-chain monitoring data shows that in the past 24 hours, three suspected related wallet addresses have deposited a total of 2.47 million USDC into the Hyperliquid platform as trading collateral. The subsequent actions are even more eye-catching—these addresses immediately opened long TST positions worth $1.69 million, accounting for 42.3% of the platform’s total TST holdings, and took the top three largest long positions.

What’s more interesting is that the operational logic of these addresses is almost identical: first transferring BTCB from a major exchange, then depositing it into Aster, followed by withdrawing USDT, and finally flowing directly into Hyperliquid for trading. The source of the margin funds is also very clear—either from a major exchange or from the OKX platform.

Looking back, one of the addresses (0x48c…bc9d0) was quite profitable—back in early December, it opened a long position on TST and ultimately made a profit of $31,000. Behind this series of coordinated actions, it’s hard not to think that this might not be scattered retail investor behavior.

TST5.52%

ASTER0.98%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
7
Repost
Share

Comment

0/400

alpha_leaker

· 11h ago

42.3% position? Are you trying to cause trouble? Three addresses so neatly aligned, it looks like they're testing the market's bottom line.

View OriginalReply0

RugpullTherapist

· 12h ago

42.3% directly taking the top three, this tactic is too obvious, it feels like Hyperliquid is about to be dismantled.

View OriginalReply0

CryptoPunster

· 12h ago

42.3% of the position, this guy is really crazy. I'm just worried that a sudden drop might turn these three addresses into three martyrs' cemeteries. The same operational logic? Feels like copying homework, almost writing "reference answer" now. If this wave really makes money, it's a genius move; if it loses, I might as well change my name to "Third Uncle's Nephew." Invested 2.47 million USDC, basically betting on TST. But this allocation ratio is quite aggressive, giving off a "I set the price" vibe. The most exciting part of contract trading is right here. Today's whale and big player might become a regular on the liquidation list tomorrow. The thrill of all-in is just that simple.

View OriginalReply0

LiquidityNinja

· 12h ago

This operational logic is exactly the same, it's obviously a linkage... Let's wait and see how they play it out later.

View OriginalReply0

GateUser-26d7f434

· 12h ago

Whoa, 42.3% of the holdings? This move clearly looks like testing the market depth, but I really haven't followed this TST coin before; I need to check how the liquidity is.

View OriginalReply0