A newly created wallet has deposited $8 million USDC into the HyperLiquid platform and initiated a long position on Ethereum with 25x leverage. The position involves 10,695 ETH, valued at approximately $37 million, with an entry price of $3,498 and a liquidation threshold at $2,808. This significant move highlights ongoing interest in leveraged trading within the crypto market.
New Wallet Deposits $8M USDC into HyperLiquid, Opens 25x Leveraged ETH Position
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