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New wallet opens a $59.72M ETH long position on HyperLiquid

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$1,794.974.72%
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A new wallet address 0xa2e8 recently executed a large trading position on HyperLiquid, depositing 3 million USDC to open a 20x leveraged long position in ETH. The wallet now holds 36,826 ETH longs, valued at approximately $59.72 million. The position size appears aggressive, with a liquidation price set at $1,571.30.

Odaily Planet Daily reports, according to Lookonchain monitoring, a newly created wallet address 0xa2e8 deposited 3 million USDC into HyperLiquid and opened a 20x leveraged long position on ETH.

Data shows that this address currently holds 36,826 ETH long positions, with a position value of approximately $59.72 million. Based on the current position, the liquidation price is $1,571.30.

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