A high-leverage trader on HyperLiquid now holds over $70M in ETH longs with substantial profit, contrasting earlier heavy losses from leveraged shorts.
A trader previously known for a $19 million unrealized loss on a leveraged ETH short has shifted strategy, now holding 17,863.62 ETH longs at $3,722.18 using 25x leverage on HyperLiquid. The position, valued at $70.55 million with $4.076 million in profit, ranks second among ETH long positions on the platform. This marks a notable change from prior high-risk short trades that resulted in significant losses.