Hyperliquid Trader Opens $43M Ether, HYPE Longs After $6.13M Loss

A trader on Hyperliquid opened new leveraged long positions in Ether and HYPE worth about $43 million after closing Bitcoin, HYPE and Zcash longs that together lost roughly $6.13 million. The new exposure came after a sizable losing exit, with the trader returning to a long position in HYPE as well as opening an Ether position. The closed Bitcoin (BTC) position lost about $4.4 million, while the HYPE close cost roughly $1.13 million and the Zcash (ZEC) exit lost around $600,000. Bitcoin represented roughly 72% of the combined losses, calculated from the three reported figures.

Source: TokenPost