A major whale moves 2.18 million USDC on HyperLiquid to execute a bold bearish bet on Ethereum with 10x leverage, according to BlockBeats on March 7. Onchain Lens data tracks the activity of address "0x218A," whose previous trades allowed it to accumulate profits exceeding $11.8 million. This move reflects a high-risk strategy, where multiplied leverage amplifies both potential gains and losses. The trader's previous experience suggests calculation in their moves, although no leverage guarantees profitability in volatile markets.

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