A trader on Hyperliquid opened two large leveraged long positions over the past hour, according to on-chain monitoring account Onchain Lens on Aug. 3. The positions include a 40x long on 400.88 BTC valued at about $25.16 million and a 25x long on 10,000 ETH valued at roughly $18.51 million. Combined, the two positions are worth around $43.68 million.
Onchain Lens said the trader’s position was showing an unrealized profit of about $193,300 at the time of the update. Even so, the same trader still has cumulative historical losses of around $1.95 million.
The trade stands out for both its size and leverage, with exposure split across Bitcoin and Ether on Hyperliquid. No additional details about the trader’s identity were disclosed in the source update.
BlockBeats reported on Aug. 3 that, according to Onchain Lens, a trader on Hyperliquid opened high-leverage long positions over the past hour.
The trader went long 400.88 BTC with 40x leverage, a position worth about $25.16 million. The same account also opened a 25x long on 10,000 ETH valued at about $18.51 million, bringing total position value to roughly $43.68 million.
At the time of the update, the position was showing an unrealized profit of about $193,300. Despite that, the trader’s cumulative historical losses still stood at around $1.95 million.
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