Hyperliquid Whale Intensively Withdraws Over 22 Million USDC in 24 Hours, Increasing Downward Pressure on the Market

According to a report by Jinse Finance, HyperInsight monitoring shows that in the past two hours, whales have cumulatively withdrawn nearly 16.1 million USDC: the whale at address 0x540545 withdrew approximately 7 million USDC in the past two hours; the whale at address 0x9Cb4F2 withdrew about 1.85 million USDC; the whale at address 0xc68E69 withdrew about 1.2 million USDC; the whale at address 0x2ac1fA3 withdrew about 2 million USDC; and the whale at address 0x29862 withdrew about 4.05 million USDC. Additionally, the whale at address 0x3077fA deposited about 1.85 million USDC in the past hour. Earlier reports indicated that before 10 a.m. today, several whales had already withdrawn over 6.4 million USDC, bringing the total amount withdrawn so far to more than 22 million USDC. Furthermore, due to the downward market trend, some whales holding short positions in ETH and BTC continue to face pressure.