Liquidated Hyperliquid Whale Returns With $400K HYPE Buy
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Whale “2TheMoon” returned to Hyperliquid months after an October 2024 forced liquidation that wiped out >$15M of their positions (had held >$100M at peak). The trader deposited $400,000 and bought ~10,000 HYPE; on-chain data shows funds arrived in staged tranches before being bridged to the CEX, signaling coordinated on-chain activity. Crypto/DeFi implication: renewed conviction may put bullish pressure on HYPE token performance and adoption, but prior large liquidation highlights leverage and security/risk concerns.
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- Whale “2TheMoon” returns after losing over $15M in liquidations on Hyperliquid in late 2024.
- The trader returned with a $400K deposit and purchased approximately 10,000 HYPE.
- On-chain data shows capital arriving in staged tranches before the Hyperliquid deposit.
A crypto trader known as “2TheMoon” has returned to Hyperliquid with a $400,000 position in HYPE. This comes months after losing more than $15 million in liquidations on the same platform. The move signals renewed conviction, with funds arriving in staged transfers before being bridged to the platform.
Whale Previously Lost $15M in Liquidations
In early October 2024, on-chain intelligence firm Arkham flagged “2TheMoon” as one of Hyperliquid’s largest active traders. The wallet held over $100 million in leveraged positions at its peak. That month, a forced liquidation wiped out more than $15 million.
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Read The Full Article Liquidated Hyperliquid Whale Returns With $400K HYPE Buy On Coin Edition.
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