PANews reported on May 18 that according to the monitoring of on-chain analyst Yu Jin, with the market fluctuating in recent days, the market may be in a direction selection period again. Many whale traders used high leverage to open huge positions on Hyperliquid to bet on the optimistic direction. James Wynn Real opened a long position of 3788.7 BTC with 40 times leverage, with a position value of US$391 million, an opening price of US$103,083, and a liquidation price of US$96,474.

In addition, the address starting with 0xcddf opened a short position of 41,851 ETH with a leverage of 25 times, with a position value of 103 million US dollars, an opening price of 2514 US dollars, and a liquidation price of 2525 US dollars. In addition, the address starting with 0x2258 opened a short position of 28,248 ETH with a leverage of 20 times, with a position value of 70 million US dollars, an opening price of 2561 US dollars, and a liquidation price of 2694 US dollars.