DeFi· ★★· bullish· October 29, 10:27

New wallet deposits $4M USDC into Hyperliquid, opens 5x long on 3,000 XMR

—Wallet deposited 4 million USDC into Hyperliquid
—Opened a long on 3,000 XMR worth roughly $1.77 million
—Position carries 5x leverage

Why it matters: A large leveraged long in Monero signals a bet on privacy coins amid renewed interest in Zcash.

Source: PANews

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