A prominent whale on Hyperliquid deposited 234,900 USDC to significantly enlarge a 25x leveraged ETH long, increasing holdings to 3,725 ETH worth $11.56 million. The position carries an unrealized profit of $142,000 and a liquidation price of $2,981. This move follows prior high-risk leveraged trades in BTC, XRP, and ZEC that resulted in millions in liquidations, underscoring the trader’s aggressive strategy despite large drawdowns.