According to analyst Yu Jin, a whale who rolled over 125,000 USDC and went long on ETH has withdrawn $130,000 USDC from Hyperliquid (equivalent to its initial $125,000 USDC principal). The whale then used the remaining $640,000 USDC profit to open a long position of 3,694 ETH at 25x leverage. The opening price was $4,272, and the liquidation price was $4,183, giving the position a value of $15.75 million.