PANews reported on March 12 that @ai_9684xtpa monitored that a whale opened a long ETH position on the Hyperliquid platform with a 50x leverage, and its ETH long position has increased to 42,633, worth up to $80.9 million, with a liquidation price only $63 away from the current price. Previously, the whale recharged 3.485 million USDC as margin 2 minutes before opening the position, with an opening price of $1,863.62 and a liquidation price of $1,677.1.

It is worth noting that the price of ETH quickly rose above $1,900 after the order was placed. The whale then placed a buy order for 21,958 ETH at $1,894, worth $52 million. If all of the orders were executed, the total position would be close to 80,000 ETH.