Large account new to HyperLiquid is making large bets on STRK and HYPE, with unrealized profits surpassing $2.4 million.

CascadingDipBuyer · 2026-01-15T22:00:49+00:00

A recently created account on the HyperLiquid platform placed precise bets, injecting $5 million, including $2.8 million in USDC, and then established high-leverage long positions on STRK and HYPE. Despite a decline in market prices, the account achieved an unrealized profit of approximately $2.4 million, demonstrating its accurate entry timing. However, the risks associated with high-leverage strategies should be noted.

CascadingDipBuyer

2026-01-15 22:00:49

Abstract generation in progress

According to the latest monitoring data from the on-chain tracking platform Onchain Lens, a recently created account has made a precise bet on the decentralized derivatives trading platform HyperLiquid. This account deposited $5 million into the platform on November 17, including $2.8 million in USDC stablecoins.

The Story Behind the Leverage Position Layout

The account quickly opened positions, establishing high-leverage trades on the tokens STRK and HYPE. Specifically, the account opened a 5x leveraged long position on Starknet (STRK) and a 10x leveraged long position on Hyperliquid (HYPE). This operational strategy reflects the account holder’s optimistic outlook on the short-term movements of these two projects.

Current Data and Market Context

According to the latest market data, STRK is currently priced at $0.08, with a 24-hour change of -6.51%; HYPE is currently priced at $24.52, with a 24-hour decline of -5.80%. Despite short-term adjustments, this account has realized an unrealized profit of approximately $2.4 million on leveraged longs, indicating that the entry timing was quite precise, with purchase costs significantly below the current market prices.

Risks Behind High-Leverage Operations

It is worth noting that although the account currently shows substantial unrealized gains, employing 5x and 10x leverage strategies inherently carries risks. Such operations face the risk of forced liquidation in rapidly reversing market conditions. The account’s next moves (whether to take profits or add to positions) will be a focus for market observers.

HYPE-0,86%

STRK-4,68%

USDC0,03%

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