A whale linked to Matrixport has shifted positions on HyperLiquid, with new leveraged ETH trades following earlier substantial losses.
A whale address connected to Matrixport recently deposited $2.5 million USDC to HyperLiquid and opened a $18.5 million Ethereum (ETH) long position with 25x leverage, according to Onchain Lens. This came six hours after closing a separate ETH long at a $547,071 loss. The same whale previously initiated a 105,000 ETH ($205 million) long on HyperLiquid, funded through transfers from Tron to Arbitrum using Bridgers, now sitting at an unrealized loss exceeding $10 million.