๐ฅ Urgent: A whale deposits 4.28 million $USDC in HyperLiquid and opens a long position on $ETH worth 101 million dollars with 25x leverage!
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๐ Details:
A new whale (0x916E) deposited 4.28 million $USDC on the HyperLiquid platform and opened a long position on Ethereum worth 101 million dollars with 25x leverage, with a size of 44,523 ETH.
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๐ Key points:
โ Entry price: $2,247 per ETH
โ Unrealized profits: $800,000 so far
โ High risk due to significant leverage
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๐ What does this mean?
โ Reflects strong confidence in the short-term rise of Ethereum
โ HyperLiquid attracts more daring traders
โ May increase volatility in the DeFi market
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โ Do you think this position will generate huge profits or face liquidation?
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LEGENDARY_007
