Whale '0x15a4' Deposits $3.85M USDC and Opens ETH Short Position

Onchain Lens posted on X that a cryptocurrency whale, identified as '0x15a4', has deposited $3.85 million in USDC into HyperLiquid. Following this deposit, the whale opened a short position on Ethereum (ETH) using 20x leverage. This move comes after the whale reportedly incurred a loss of $1.3 million. The decision to leverage such a significant amount indicates a strong bearish sentiment towards Ethereum's future price movements. The actions of '0x15a4' are being closely monitored by market participants, given the potential impact on Ethereum's market dynamics.