Galaxy Digital $125M USDC Deposit dey Boost Hyperliquid DeFi
Galaxy Digital cash 125 million USDC put for Hyperliquid platform for two days run to push dem DeFi trade strategy. The USDC deposit fund spot buy ETH, HYPE, BTC, PUMP, and FARTCOIN, while dem dey hedge wit short for BTC, ETH, DOGE, PUMP, and FARTCOIN. As liquidity provider, Galaxy Digital get less slippage and market deep, e show say institutional people dey adopt DeFi protocol plus opportunity for arbitrage dey grow. Traders suppose dey watch similar USDC deposits cos e fit cause volume spike, volatility increase and market trend change for crypto markets.
Bullish
Di $125 million USDC wey Galaxy Digital deposit na show sey dem get strong buying interest and e de make Hyperliquid liquidity deep well-well, e reduce slippage and e encourage more trading activities. For short term, big USDC flow dey bring volatility spike and possible price rally as traders dey take advantage of the deeper liquidity. For long term, dis move na proof sey institutions get confidence for DeFi protocols and e validate the market growth, dey support well-balanced bullish momentum. Galaxy Digital balanced method of spot buys and hedging shorts come show say dem sabi manage risk well so e fit stabilize position dem and boost upward trend.