According to EmberCN and Onchain Lens, whale traders opened large leveraged positions including a $26.1 million ETH long and $12.8 million in HYPE and LIT shorts, highlighting high-risk directional bets.
Large crypto traders opened sizable leveraged positions across multiple assets, according to on-chain observers EmberCN and Onchain Lens. One whale opened a $26.1 million long position in Ether on Hyperliquid, totaling 12,900 ETH at an entry price of $2,011.7 with 25x leverage and a reported liquidation price of $1,967.1. Separately, a wallet beginning with 0xa44 opened $12.8 million in short positions on HYPE and LIT on May 30, including 156,119 HYPE at 10x leverage and 1.97 million LIT at 5x leverage. Together, the trades reflect large, high-risk directional bets using leverage.