A new address deposited $1.9 million USDC into HyperLiquid to short ETH with 20x leverage.
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A new address deposited $1.9 million USDC into HyperLiquid to short ETH with 20x leverage.
According to on-chain analyst Onchain Lens (@OnchainLens), a newly created wallet deposited $1.9 million in USDC into HyperLiquid and opened an ETH short position with 20x leverage, involving 7,144.78 ETH—representing a notional value of approximately $15 million. The position was opened at a price of $2,098.47 and has a liquidation price of $2,319.12.
TechFlow reports that on April 1, according to on-chain analyst Onchain Lens (@OnchainLens), a newly created wallet deposited $1.9 million in USDC into HyperLiquid and opened an ETH short position with 20x leverage—covering 7,144.78 ETH, with a notional value of approximately $15 million. The position was opened at $2,098.47 per ETH, with a liquidation price of $2,319.12.




