Latest Update
2026-11-03 02:12 UTC

Hyperliquid Trader: $43M ETH Longs After $5.88M Loss

Hyperliquid Trader: $43M ETH Longs After $5.88M Loss

Onchain Lens reports a HyperliquidX trader closed losing positions in BTC, HYPE and ZEC for a $5.88 million lifetime loss before immediately opening $43 million in leveraged ETH and HYPE longs with liquidation levels 5-6% away.

Source

Analysis

HyperliquidX trader 0xf08193e61aedd3139bcb0c95c773e3c65de9e39e closed positions in BTC, HYPE and ZEC for combined losses of $5.88 million then opened $43 million in fresh leveraged longs on ETH and HYPE with liquidation prices 5-6% away.

ETH trades at $2267.43 inside its Bollinger band on the 4h chart, testing upper resistance at $2296.42 while the EMA50 at $2294.39 acts as immediate overhead resistance and the EMA200 at $2427.4 caps the longer-term structure; with RSI at 47.75 neutral and MACD printing a bullish golden cross at -7.15, price action suggests a potential probe toward the lower band support at $2234.06 before any sustained move higher aligns with the fresh leveraged positions.

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