Users who have long positions on ETH with 50x leverage currently hold over 72,000 coins. If the price drops by $43, they will face a margin call
According to monitoring by ai_9684xtpa, a user on Hyperliquid who used 50 times leverage to go long has closed a long position of 469.48 BTC and instead increased their ETH long orders. The current ETH position has exceeded 72,000 coins, approximately $159 million USD. If the price of ETH falls by $43, it will be liquidated.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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