#MastertheMarket ๐๐
managed to pocket $2.15 million in just 50 minutes. How did he pull it off?
๐ Ethereum (ETH) plunged to a multi-month low of $17,800, shaking the entire market.
๐ Instead of panicking, this trader bet on a price recovery and used leverage to secure massive profits.
A High-Risk, High-Reward Play: 50x Leverage on Ethereum
๐ฐ The trader sold 947 ETH for $1.95 million in USDC.
๐น Rather than holding USDC, he used 50x leverage on Hyperliquid to long ETH.
๐น This allowed him to take a massive position of 25,096 ETH, worth $53.7 million.
๐น The liquidation price was set at $2,008 โ if