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GalaxyDigital Associated Address Deposits 125 Million USDC into Hyperliquid in Past 2 Days, Buys Spot and Shorts for Hedging

Summary: According to Lookonchain monitoring, a GalaxyDigital associated wallet address (0xcaC1) deposited 125 million USDC into Hyperliquid in the past two days. They subsequently bought ETH, HYPE, BTC, PUMP, and FARTCOIN spot, while shorting BTC, ETH, DOGE, PUMP, FARTCOIN, and S for hedging purposes.

According to Lookonchain monitoring, a GalaxyDigital associated wallet address (0xcaC1) deposited 125 million USDC into Hyperliquid in the past two days. They subsequently bought ETH, HYPE, BTC, PUMP, and FARTCOIN spot, while shorting BTC, ETH, DOGE, PUMP, FARTCOIN, and S for hedging purposes.

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Link: GalaxyDigital Associated Address Deposits 125 Million USDC into Hyperliquid in Past 2 Days, Buys Spot and Shorts for Hedging [Copy]

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