The unidentified whales of high lipid decentralized permanent exchange have launched the crypto market to a new level of dynamism.
The immense volume of trading and constant activity in leveraged positions has led members of the crypto community to try and figure out who this person is.
Can CZ be behind a high lipid whale?
One is using video clips from an action movie to joke that former Binance CEO Changpeng Zhao could be behind these massive deals.
everyone is wondering who the giga HyperLiquid whale is…
few understand pic.twitter.com/As8eOL3bb6
— Ninja (@Ninjascalp) March 16, 2025
Reports suggest that whales placed a heavily levered $445 million in BTC via high lipids. Analysts believe that trading of this size can actually push the market in a certain direction, especially when things are already unstable.
A closer look at the location showed that if the BTC price goes up to $86,000, the whales will be kicked out (cleared).
Related: The loss of Dydx is the benefit of high lipids. Dex’s market share shift
Did Crypto fans try to ruin the whale?
When they noticed this, several crypto community members tried to raise the price of BTC to close the big drawbacks for whales.
The Whale raised resistance by raising another $5 million in USDC, hampering a coordinated effort to drive him out of the market.
It is worth noting that the whale focused not only on BTC, but he did not pursue only short transactions. Reports show that the whale had a long, leveraged position five times more in Melania, a meme coin connected to Mkt World LLC, reportedly owned by Melania Trump. According to Lookonchain, they also took a long position with ChainLink worth $301 million with 10x leverage.
How much money did the whales make?
In addition to these deals, Lookonchain’s report shows that the whale made nearly $17 million with high fats last month.
However, despite his victory, many analysts believe this situation highlights some limitations on persistent trading platforms like Hyperliquid, allowing users to trade largely leveraged positions.
Related: Crypto Dip saw whales accumulating: these three Altcoins were their targets
It highlights how a few people with a lot of money can really change how the market situation unfolds. Many users worry that this could be bad for the future of Crypto Market.
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