A Hyperliquid trader closed $64 million in BTC and $21.1 million in ETH long positions within four hours, incurring $7.35 million in losses. Shortly afterward, the trader opened a new $1.3 million ETH long at 25x leverage, averaging $2,980 per ETH, with a liquidation price at $2,919. These moves follow a history of high-risk leveraged trading and recent large-scale liquidations, underscoring the trader’s continued exposure to significant volatility and potential rapid losses.