A newly created wallet has deposited 749,216 USDC into HyperLiquid and initiated a 25x leveraged long position on 10,768 ETH, valued at approximately $18 million. The position is nearing its liquidation threshold, with the price of ETH approaching $1,645.93, according to on-chain analyst Onchain Lens.
New Wallet Opens $18M Leveraged ETH Position on HyperLiquid
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.