According to on-chain analytics platform Lookonchain (@lookonchain), a newly created wallet (0xa2e8) deposited 3 million USDC into HyperLiquid, then opened a 20x leveraged long position in ETH, holding 36,826 ETH worth approximately $59.72 million, with a liquidation price of $1,571.30.
Whale deposits $3M into Hyperliquid and opens a 20x ETH long position
TechFlowShare
Summary
A whale deposited $3 million into Hyperliquid and opened a 20x ETH long position with precise position sizing. The wallet (0xa2e8) holds 36,826 ETH, valued at $59.72 million, with a liquidation price of $1,571.30. This move demonstrates a targeted trading strategy, leveraging high exposure while maintaining controlled risk thresholds.
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