A Whale Incurred Over $11.877 Million in Losses on Hyperliquid, Holding 20x Leveraged ETH and SOL Long Positions

Odaily News According to Onchain Lens monitoring, a whale (0x8d0E...9244) deposited $1 million USDC into Hyperliquid and opened a 20x leveraged ETH long position. It currently still holds a 20x leveraged SOL long position. Additionally, the whale increased its spot holdings, including 20,000 SOL (worth $1.7 million), 8.5 million FARTCOIN (worth $1.69 million), 30 million MON (worth $717,000), and 6.73 million XPL (worth $651,000). Currently, the whale has incurred total losses exceeding $11.877 million.