Major Investor Redeems $10M USDC from MakerDAO for $232M Short Position on Hyperliquid
An unidentified large investor redeemed 10 million USDC stablecoins from MakerDAO and transferred the funds to Hyperliquid, a decentralized derivatives exchange. The capital was deployed to open a $232 million leveraged short position, demonstrating sophisticated utilization of stablecoins for high-risk… Read More »Major Investor Redeems $10M USDC from MakerDAO for $232M Short Position on Hyperliquid