GalaxyDigital's affiliated address has deposited 125 million U into Hyperliquid over the past 2 days, purchased spot assets, and engaged in a short position hedge.

BlockBeats News, August 14th, according to LookIntoChain monitoring, a certain GalaxyDigital affiliated wallet address (0xcaC1) deposited 125 million USDC into Hyperliquid in the past two days. They then purchased ETH, HYPE, BTC, PUMP, and FARTCOIN spot, while shorting BTC, ETH, DOGE, PUMP, FARTCOIN, and S for hedging purposes.