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Large Leverage Position: Wallet Opens 25x ETH Long on HyperLiquid with $8M USDC
Gate News bot message, a new wallet has made significant moves in the cryptocurrency market by depositing $8 million USDC into HyperLiquid. The wallet proceeded to open a long position on ETH with 25x leverage.
The transaction details show that the position size is 10,695 ETH, with a total value of $37 million. The entry price was recorded at $3,498, with a liquidation price set at $2,808.