A trader increased risk exposure on Hyperliquid by depositing 2 million USDC and opening a 40x leveraged BTC long, after earlier closing meme token positions with heavy losses.
A trader deposited 2 million USDC into Hyperliquid and opened a 40x leveraged long position on Bitcoin. This move followed the closure of earlier long positions in BTC, PEPE, and DOGE that resulted in a $1.33 million loss. The activity highlights continued speculative behavior on the decentralized perpetual exchange.