New Wallet Moves $4M USDC to Hyperliquid, Takes Long Position on Monero
A significant new investment in Hyperliquid has been made through a $4 million USDC deposit and a long position on Monero.
A significant new investment in Hyperliquid has been made through a $4 million USDC deposit and a long position on Monero. USDC (USDC) is trading at ₹95.24 ($0.9994). This is an original Token Times brief based on reporting by Coinfomania, with live market data added, as of Thu, 29 Oct 2026 06:00:01 UTC.
This large USDC deposit and long position on Monero could signal increased institutional interest in Hyperliquid and the privacy-focused cryptocurrency market. It also highlights the growing use of stablecoins for large-scale crypto investments.
- New wallet deposited $4M USDC into Hyperliquid exchange.
- Investor opened a long position on Monero (XMR).
- Transaction coincides with $1.77B TVL on Hyperliquid.
- Move may indicate growing institutional interest in privacy coins.
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- New Wallet Moves $4M USDC to Hyperliquid, Takes Long Position on Monero — this brief
A new cryptocurrency wallet has made a significant investment by depositing $4 million in USD Coin (
USDC) into the 
Hyperliquid exchange. This transaction was accompanied by the opening of a long position on 
Monero (XMR), a privacy-focused cryptocurrency.
The deposit and subsequent investment come at a time when Hyperliquid's Total Value Locked (TVL) stands at $1.77 billion, according to DeFiLlama. This figure represents a 1.4% decrease over the past seven days.
The move is notable given the current market conditions, with the total crypto market cap at $2.75 trillion and showing a flat trend. 
Bitcoin, the leading cryptocurrency, is down 0.79% over the past 24 hours, and the Fear & Greed Index is at 51, indicating a neutral market sentiment.
USDC, the stablecoin used for the deposit, has a market cap of $71.27 billion and has seen minimal price movement, with a 0.01% increase over the past 24 hours. Monero (XMR), on the other hand, is down 2.31% in the same period, currently trading at $588.05.
The investment could suggest growing interest in privacy coins and the use of stablecoins for large-scale transactions. It also underscores the role of decentralized exchanges like Hyperliquid in facilitating significant crypto investments.
Since this brief published about 1 hour ago, USDC (USDC) has moved from ₹95.24$0.9994 to ₹95.24$0.9994 — -0.00%.
The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 USDC ≈ ₹104.89 (about $0.9994), up 0.0% over 24 hours. The rupee itself trades about 10.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 29, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
New Wallet Moves $4M USDC to Hyperliquid, Takes Long Positio — questions & answers
What is the significance of the $4M USDC deposit?
The deposit indicates a substantial investment in Hyperliquid and suggests potential interest in Monero, a privacy-focused cryptocurrency.
How does this affect Hyperliquid's TVL?
The $4M deposit contributes to Hyperliquid's TVL, which currently stands at $1.77 billion, according to DeFiLlama.
Why is the Monero long position notable?
The long position on Monero is notable due to the cryptocurrency's focus on privacy and its recent price movements.
How much is 1 USDC worth in rupee today?
About ₹104.89 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9994. The rupee price moves with both USDC's US-dollar price and the USDT/INR rate; use our USDC in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Coinfomania. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.