A major crypto whale has made another bold move with HyperLiquid. Add over 35,000 SOL while maintaining a large leveraged Bitcoin position. The series of transactions were discovered by on-chain trackers on November 15th. This indicates a clear appetite for risk, even though market sentiment remains cautious.
JUST IN: Whale deposits 5M USDC into Hyperliquid and uses $5.04M to purchase 35,335 $SOL at $143 per coin.
The whale also holds a 20x long $BTC position with 300 Bitcoins worth $29 million.
0x8d0E342E0524392d035Fb37461C6f5813ff59244 pic.twitter.com/PtHhSReRUv
— Whale Insider (@WhaleInsider) November 15, 2025
Whale buys 35,335 SOL after USDC $5 million deposit
Whale started by depositing $5 million in USDC into Hyperliquid. Shortly after, they spent $5.04 million to purchase 35,335 SOLs at an average price of $143. The quick execution and size of the acquisition quickly attracted the attention of analysts. Data from Hyperbot shows that the SOL position is worth more than $5 million, and the entire quota was filled in one batch.
Commentators described this as “positioning, not a trade” and emphasized the whales’ confidence in SOL’s short-term strength. X traders reacted with a mix of shock, admiration, and memes. Many people pointed this out while discussing the idea of retail investors buying the bullshit with pennies. Whales continue to migrate by the millions without hesitation.
20x BTC long still open, $29 million exposure
What makes this move even more impressive is that Whale already has a 20x leveraged long BTC position worth nearly $29 million. This address has an exposure of just over 300 BTC and an entry price of nearly $96,384. At the time the data was obtained, the position had previously shown a small unrealized loss. After that, it slightly recovered to positive territory.
Margin utilization remained below 9%. This shows that despite the huge exposure, the whale still has room to manage volatility. The combination of outsize spot purchases and high leverage has created speculation about this trader’s strategy. Some analysts believe that whales are expecting both SOL and BTC to rise following the recent market weakness.
Analysts see ‘high confidence’ positioning
Cryptocurrency commentators described this activity as a clear statement of belief. Many say this kind of magnitude is no coincidence and often precedes improvements in catalysts or flow conditions. One popular analyst noted that the whales may be preparing for a broader shift in market momentum. Some say this strategy reflects confidence in the potential of BTC compression. This is a powerful next step for SOL, especially as ecosystems become more active. Meanwhile, Onchain Lens reminded users to credit researchers when sharing onchain research results. This points out the amount of work required to track data at this scale.
Community reactions range from humor to shock
The community had a lot to say. One person joked that the whale trade was “like monopoly money.” Although they themselves think twice before paying for extra wak. Some called Whale’s approach a “code for recruit difficulty.” Notice how effortlessly major companies navigate volatile markets. Despite the joke, most traders agreed on one point. This type of aggressive positioning is rare and usually indicates a strong market view. Whale positions will be closely monitored in the coming days as SOL and BTC remain volatile.
