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New Wallet Deposits $4 Million in USD Coin (USDC) and Opens 5x Monero (XMR) Long

The 3,000 XMR position was valued at about $1.77 million, $2.23 million below the deposit.

By Enna Lee
Published
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A silver token rests inside an open metal wallet case / TokenPost.ai
A silver token rests inside an open metal wallet case / TokenPost.ai

A newly created wallet deposited $4 million in USD Coin (USDC) to Hyperliquid and opened a 5x leveraged long position in 3,000 Monero (XMR), valued at about $1.77 million.

That valuation was $2.23 million below the amount deposited and less than half of the deposit.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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