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Whale '1011' deposits another $9M USDC to Hyperliquid after $230M liquidation

May 21, 2026, 1:39 PM
The whale known as '1011', who previously faced a liquidation of around $230 million, has deposited an additional 9 million USDC into Hyperliquid (HYPE), according to on-chain analyst ai_9684 xtpa. This brings the total deposit amount since yesterday to 19.01 million USDC. The whale has currently placed buy orders for HYPE worth approximately $1.15 million in the $49.725 to $52.36 price range. Their current spot holdings of HYPE are valued at around $2.48 million. Additionally, the whale is maintaining a 5x leveraged long position of 504.4 BTC, worth about $38.95 million, which currently has an unrealized loss of approximately $85,000.

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