Back

Trader General Gordon James Suffers $4.3 Million Loss on Hyperliquid

According to Lookonchain, partial liquidation from a market downturn caused multimillion-dollar losses, though the trader still holds substantial ETH and SOL positions.

ETH
SOL
HYPE

Summary

Lookonchain reports that Hyperliquid trader General Gordon James faced partial liquidations amid a market decline, losing about $4.3 million. Despite this, he retains significant cryptocurrency assets, holding 3,770 ETH valued at roughly $15.8 million and 4,592 SOL worth an estimated $816,000.

Terms & Concepts
  • Partial Liquidation: A process where part of a trader's position is forcibly closed to cover potential losses or margin requirements during adverse market moves.
  • ETH (Ethereum): The native cryptocurrency of the Ethereum blockchain, used for transactions, smart contracts, and decentralized applications.
  • SOL (Solana): The native cryptocurrency of the Solana blockchain, known for its high-speed and low-cost transactions.