According to a report from on-chain monitoring platform Lookonchain, Crypto Realm says that a user has just created a new wallet (0xa2e8), deposited $3 million worth of USDC into HyperLiquid, and opened a long position of 36,826 ETH with 20x leverage, with a notional position of approximately $59.72 million. The liquidation price for this position is $1,571.30.

USDC0.02%
ETH-0.74%
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SentimentIndicatorCollecting
· 2h ago
New wallet + high leverage, looks like whales are transferring risk or testing strategies.
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BitByBitBenny
· 2h ago
20x leverage, this is leaving your life in the hands of the market
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MirrorBallGazingAtTheSky
· 2h ago
Settlement price 1571, what is ETH worth now? Feels pretty much at the limit.
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RedTelephoneBoothRuins
· 2h ago
3 million principal to 60 million nominal position, bro really dares to play
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