ETH 25x Leveraged Long Causes $15.16M Loss After 275k USDC Deposit into HyperLiquid
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
COINOTAG News, relying on Onchain Lens data, confirms that the trader known as ‘Buddy’ again funded a position on a DeFi trading venue by depositing 275,000 USDC into HyperLiquid and opening a 25x leveraged ETH long exposure. The move underscores continued activity in on-chain liquidity protocols and highlights ongoing appetite for high-leverage bets within the crypto market.
However, the position was partially liquidated during the cycle, and the aggregate loss for the account has now reached $15.16 million, reflecting the elevated risk profile that accompanies margin-based trading platforms. Market participants should monitor margin calls and liquidity coverage as DeFi liquidity protocols evolve.
