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Galaxy Digital-linked addresses deposited $125 million into Hyperliquid over the past two days, buying spot and shorting for hedging

Galaxy Digital-linked addresses deposited $125 million into Hyperliquid over the past two days, buying spot and shorting for hedging

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ChaincatcherChaincatcher2025/08/14 00:22

According to ChainCatcher, monitoring by Lookonchain shows that a wallet address associated with Galaxy Digital (0xcaC1) deposited 125 million USDC into Hyperliquid over the past two days. They subsequently purchased spot positions in ETH, HYPE, BTC, PUMP, and FARTCOIN, while simultaneously shorting BTC, ETH, DOGE, PUMP, FARTCOIN, and S for hedging purposes.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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