New Wallet Deposits 1.98M USDC to HyperLiquid for Leveraged ETH Long Position

ETH drops below 1900 USDT

Gate News bot message, Gate market display, ETH drops below 1900 USDT, current price 1899.78 USDT.

Data: In the past 24 hours, the total liquidation across the network was $275 million, with long positions liquidated at $153 million and short positions at $123 million.

In the past 24 hours, the total liquidations worldwide reached $275 million, involving 117,532 people. Bitcoin long and short positions were liquidated for $54.11 million and $53.58 million respectively. The situation for Ethereum is also not optimistic, with the largest single liquidation on the Hyperliquid platform reaching $11.86 million.

"Deposit - Settlement - Deposit," Brother Ma's long position is once again facing partial liquidation.

Odaily Planet Daily reports that according to Onchain Lens monitoring, as the market declines, Big Brother Magic (0x020...5872)'s 25x leveraged ETH long position is once again facing partial liquidation. Currently, its loss has reached $27.56 million, with only a 4% price drop remaining before the next liquidation.

A major whale deposited $5 million into Hyperliquid and used 5x leverage to go long on HYPE, ETH, and BTC.

Odaily Planet Daily reports that, according to Onchain Lens monitoring, a certain whale (0xeA0...A918) deposited $5 million USDC into Hyperliquid and opened 5x leveraged long positions on HYPE, ETH, and BTC. Currently, this address still has TWAP orders to further increase its position.