Whale Deposits $3M USDC to HyperLiquid, Opens 20x Leveraged ETH Long Position Worth $59.7M

USDC-0.03%
ETH1.34%
According to Lookonchain, a newly created wallet deposited 3 million USDC to HyperLiquid today and immediately opened a 20x leveraged ETH long position, holding 36,826 ETH with a position value of approximately $59.7 million. The liquidation price for the position is set at $1,571.30.
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