Data: Suspected large investors start to manipulate $TST, opening a long position of 1.69 million dollars
Dec 24, 2025 16:17:46
Recently, according to on-chain analyst Ai Yi (@ai 9684xtpa), three addresses suspected to belong to the same entity have deposited 2.47 million USDC as margin into Hyperliquid in the past 24 hours, accumulating a long position of 1.69 million USD in TST. These positions account for 42.3% of the total TST holdings on the Hyperliquid platform and dominate the top three long positions on the platform.
These addresses all exhibit a similar operational pattern of "withdrawing BTCB from Gate, depositing into Aster, and then withdrawing USDT," with the margin funds coming from Gate or OKX, and being directly deposited into Hyperliquid after withdrawal. One of the addresses, 0x48c…bc9d0, had previously taken a long position in TST at the beginning of December and made a profit of 31,000 USD.
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