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According to OnchainLens monitoring reported by COINOTAG, a crypto whale who opened a 25x leveraged ETH long has recouped the initial margin amid the ongoing market rebound. The position reflects an estimated unrealized profit of approximately $8 million and a cumulative realized gain near $5.8 million.
Onchain records show the address 0xb9f…6d365 deposited 9.5 million USDC as collateral on Hyperliquid and initiated a 25x long for 18,960.93 ETH (about $70.76 million). The entry price was $3,717.76 with a liquidation price at $3,282.87, a setup that materially increases margin and execution risk for large leveraged positions.
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