A trader has gone long on ETH with 25x leverage on HyperLiquid, with a position's nominal value of $7.62 million

BlockBeats News, March 29th, according to OnchainLens monitoring, trader @izebel_eth deposited 2 million USDC into HyperLiquid and opened a 25x leverage long position on ETH, with a notional size of 4,000 ETH and a notional value of $7.62 million.

The trader also purchased 100,000 HYPE tokens at an average price of $13.5, spending $1.34 million.