According to @EmberCN, a Hyperliquid trader funded 3.437 million USDC from Binance to build leveraged ETH longs, after which ETH fell from $3,550 to $3,150 in the same window, driving the account’s equity from fresh deposits to roughly $1.9 million and pushing cumulative losses to about $17.5 million, based on the trader page for address 0x020ca66c30bec2c4fe3861a94e4db4a498a35872 on Hyperbot and the price action cited in the post (source: @EmberCN on X; Hyperbot trader dashboard). The position history shows repeated long entries and subsequent liquidations during a choppy market, highlighting elevated liquidation risk when chasing strength on ETH perpetuals in the current range, as evidenced by the sequence of entries and drawdowns on the trader page and the intraday ETH decline reported by the post (source: Hyperbot trader dashboard; @EmberCN on X).

According to Ai 姨 (@ai_9684xtpa) on X, the trader who previously ran a 25x long on ETH after the 10/11 flash crash has reversed to a short, giving back a peak profit of $8.38M, per the same source. According to Ai 姨 (@ai_9684xtpa), eight hours before the X post the address closed the remaining 19,383.25 ETH long in batches with a total realized loss of $6.646M, as reported in the post. According to Ai 姨 (@ai_9684xtpa) and the HyperBot trader dashboard for address 0xb9feE4502dE61504E5e6E69faa74Df7f0Ed6d365, the trader then opened a 25x short totaling 18,802.51 ETH (~$61.45M) with about $1.3M unrealized profit at the time of reporting. According to the same sources, the overall account PnL remains down roughly $4.55M, and traders can monitor the position via the HyperBot trader page cited by Ai 姨.

According to @OnchainLens, after being liquidated on an ETH long yesterday, the same wallet deposited 9.5 million USDC to HyperLiquid and opened a new ETH long with 25x leverage totaling 49.5 million notional, source: Onchain Lens on X and HyperLiquid wallet tracker app.coinmarketman.com/hypertracker/wallet/0xb9feE4502dE61504E5e6E69faa74Df7f0Ed6d365. Based on the reported 25x leverage and 49.5 million position size, the implied initial margin is roughly 1.98 million USDC from the 9.5 million deposit, calculation from figures reported by Onchain Lens with the above wallet tracker as source.

According to Lookonchain, top trader @JamesWynnReal has opened a massive long position on Ethereum (ETH) using 25x leverage, with a total size of 22,548 ETH (valued at $60.4 million) at an entry price of $2,666.31. Currently, the position is showing an unrealized profit of $270,000. This significant leveraged position highlights increased confidence among whales and could drive short-term volatility and liquidity in the ETH perpetual and spot markets. Traders should closely monitor ETH price levels around $2,666 and be aware of potential liquidations if price swings intensify (Source: Lookonchain via Twitter, May 23, 2025).