Whale drops $3M more USDC into Hyperliquid to stack an already $65M BTC long!

On-chain data shows wallet 0x8ea8 deposited 2.99 million USDC into Hyperliquid, adding fresh margin to an existing 800 BTC long position currently valued at $65.2 million. The position is sitting on $5.3 million in unrealized profit, suggesting the whale is not taking gains off the table — they're pressing the bet.

The move is a textbook conviction add: deploying fresh capital into a winning leveraged position rather than rotating out. At this position size, the wallet's activity on Hyperliquid is a meaningful directional signal for the perpetuals market, where large long exposure at these levels can reinforce bullish price structure if the bid holds.

Source: [HypurrScan Beta](https://hypurrscan.io/address/0x8ea85CBD59affcA28162FC286d5C093dd0f8EDBC#perps)