A certain trader went long on ETH at 25 times leverage with HyperLiquid, with a nominal position value of 7.62 million US dollars

According to Golden Finance report, as monitored by OnchainLens, trader @izebel_eth deposited 2 million USDC into HyperLiquid and opened a long position with 25 times leverage on ETH, nominally scaled at 4,000 ETH and valued at $7.62 million. The trader also purchased 100,000 HYPE at an average price of $13.5 per unit, spending $1.34 million.