472865

COINOTAG News reports on November 12, citing Onchain Lens monitoring, that a freshly created wallet deposited 8 million USDC into HyperLiquid and opened a 25x leverage ETH long position.

The position size tallies 10,695 ETH, valued at roughly $37 million, with an entry price of $3,498 and a liquidation price near $2,808.

This deployment signals heightened crypto derivatives activity and underscores the importance of on-chain surveillance for margin risk management.