Huo Xing Finance reports that on November 12, according to OnchainLens monitoring, a trader deposited $4.5 million in USDC into Hyperliquid and subsequently opened a $5.67 million long position in NVIDIA (NVDA) with 2x leverage. Notably, this trader closed a long position in Zhipu (ZHIPU) just 22 days ago, incurring a loss of $2.71 million. Their cumulative historical losses now stand at $4.37 million.
Trader Opens $5.67M NVIDIA Long Position with 2x Leverage on Hyperliquid
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Summary
On November 12, a trader opened a $5.67 million long position in NVIDIA (NVDA) on Hyperliquid with 2x leverage, following a $4.5 million USDC deposit. The trader had closed a ZHIPU long position 22 days prior, resulting in a $2.71 million loss. Poor position sizing has now increased the trader’s total losses to $4.37 million.
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