TechFlow news, on March 12, according to on-chain analyst Ember (@EmberCN), a whale using 50x leverage trading on Hyperliquid transferred 2.47 million USDC to the Hyperliquid platform as margin and opened a 20x leveraged long position in Bitcoin.
The trader currently holds two major positions:
One is a 50x leveraged long position in Ethereum opened at $1,884, with an unrealized profit of $2.16 million and a liquidation price at $1,838;
The other is a 20x leveraged long position in Bitcoin opened at $82,003, with an unrealized profit of approximately $40,000 and a liquidation price at $42,797.
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