TechFlow reports on March 14 that a "Hyperliquid 50x leverage whale" recently took a long position in LINK, but ultimately faced liquidation due to its high-leverage rolling margin strategy, resulting in a loss of $1.076 million.
The whale initially entered a 20x leveraged long position in LINK and gradually increased the holding size to 2.64 million LINK (approximately $37.41 million). Despite an initial margin of only $1.076 million, accumulated profits were used as additional margin, enabling continuous position scaling.
However, price volatility in LINK eventually triggered liquidation of the long position. The whale lost its entire margin of $1.076 million—the first loss since March 2.





