
On February 1st, data from MLM Monitor shows the Hyperliquidity Provider (HLP) netted roughly $15 million this morning by liquidating a $700 million long position held by the “BTC OG Insider Whale.” This single event delivered a 5.8% return to treasury depositors, pushing the Annual Percentage Rate (APR) to approximately 110%. As of now, HLP holds an Ethereum long position valued at around $230 million.
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