Data: A whale using 50x leverage to go long on ETH on Hyperliquid has realized a profit of 6.46 million USD
According to ChainCatcher news, monitored by on-chain analyst @ai_9684xtpa, after Trump's remarks on crypto reserves, BTC surged past $87,000, ETH broke through $2,250, and users on Hyperliquid with 50x leverage long on ETH currently have an unrealized profit of $6.46 million.
ChainCatcher previously reported, monitored by on-chain analyst @ai_9684xtpa, that users with 50x leverage long on Hyperliquid closed out 469.48 BTC long positions and instead increased their ETH long positions, which now exceed 72,000 ETH, approximately $159 million. ETH will be liquidated if the price drops by $43.
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