Data: A whale address opened a 25x leveraged long position on nearly 19,000 ETH, worth over $70 million
ChainCatcher news, according to on-chain analyst Ai姨 (@ai 9684xtpa), a user with the address 0xb9f...6d365 deposited 9.5 million USDC as margin to Hyperliquid within the past 2 hours, and subsequently opened a 25x leveraged long position of 18,960.93 ETH. The position is valued at approximately $70.76 million, with an entry price of $3,717.76 and a liquidation price of $3,282.87. If the price of ETH drops below the liquidation price, the user will face the risk of forced liquidation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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