Hyperliquid Trader Bounces Back with $4.95 Million HYPE Long Position
A Hyperliquid trader who was liquidated for $2.05 million just three days ago has reopened a new long position in HYPE, this time worth $4.95 million with 10x leverage.
The trader's aggressive move comes after being wiped out on a $2.05 million SKHX long position. However, their loss from past trades still totals approximately $504,800.
The trader's main holdings include a $10.04 million ETH long position with 20x leverage and additional long positions in META and other assets. It is unclear what prompted the trader to take on such significant risk so soon after being liquidated.