A whale opened multiple ETH orders on Hyperliquid and increased its holdings of spot tokens

On February 16th (UTC+8), according to Onchain Lens monitoring, a whale deposited 1 million USDC into Hyperliquid and opened multiple ETH orders with 20 times leverage, while still holding multiple SOL orders with 20 times leverage. The whale also increased its holdings of spot tokens, including 20000 SOLs (approximately $1.7 million), 8.5 million FARTCOINs (approximately $1.69 million), 30 million MONs (approximately $717000), and 6.73 million XPLs (approximately $651000). As of now, the whale contract has accumulated a total loss of over 11.877 million US dollars throughout the entire trading cycle.