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A Trader Deposits 2 million USDCs to HyperLiquid to Open a 40x Bitcoin Long Position

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2025-09-08 10:58:38
According to on-chain analyst Onchain Lens, a trader deposited $2 million USDC into the HyperLiquid protocol and opened a long position in Bitcoin with 40x leverage. The trader's position squaring its long positions in Bitcoin, PEPE and Dogecoin resulted in a total loss of $1.33 million.
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