TechFlow, May 19 — According to on-chain analyst EmberCN (@EmberCN), a trader lost $2.788 million over two days through three high-leverage trades on Hyperliquid.
The trades included: shorting 41,851 ETH with 25x leverage, a position worth approximately $103 million, resulting in a $2.46 million loss; then going long 166 BTC with 40x leverage, a $17.6 million position, losing $175,000 within 45 minutes; finally shorting 2,636 ETH at $2,444 with 25x leverage, which triggered liquidation due to lowered liquidation price from additional positions.
The trader started with 2.96 million USDC and was left with only 172,000 USDC.
Add to Favorites
Share to Social Media
