A major player just executed an interesting maneuver with ETH. They offloaded 1,654 ETH for approximately 5.49 million USDC, then immediately pivoted that capital into Hyperliquid to establish a leveraged position.
The setup? A 7x long on 11,543 ETH—translating to roughly $38.4 million in exposure. That's not a casual bet. The liquidation threshold sits at $2,907.6, which means this whale is banking on ETH holding above that critical level.
What makes this move notable is the timing and structure. Selling spot holdings to rotate into leveraged longs suggests conviction in near-term price action, but it also concentrates risk. If volatility spikes downward, that liquidation price isn't far from recent trading ranges. High reward potential, but the margin for error is razor-thin.
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MrDecoder
· 12-11 16:27
Why be so aggressive with 7x leverage? If this guy gets liquidated, it would be a disaster.
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GateUser-afe07a92
· 12-10 12:06
Playing with 7x leverage so aggressively? You're really brave. I'm just worried that a black swan event could directly trigger liquidation.
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DecentralizedElder
· 12-10 12:05
Playing with 7x leverage so aggressively, it's really a gambler's mentality, with a liquidation price of only 2907... One sudden dip and it's all gone.
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IntrovertMetaverse
· 12-10 11:58
Playing with 7x leverage like this, you're really risking your life...
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CryingOldWallet
· 12-10 11:57
Playing with 7x leverage so aggressively, a single limit-down results in liquidation. How strong does your heart have to be?
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GateUser-3824aa38
· 12-10 11:55
Buddy, with this technique, how inflated must you be to play with 7x leverage so big?
A major player just executed an interesting maneuver with ETH. They offloaded 1,654 ETH for approximately 5.49 million USDC, then immediately pivoted that capital into Hyperliquid to establish a leveraged position.
The setup? A 7x long on 11,543 ETH—translating to roughly $38.4 million in exposure. That's not a casual bet. The liquidation threshold sits at $2,907.6, which means this whale is banking on ETH holding above that critical level.
What makes this move notable is the timing and structure. Selling spot holdings to rotate into leveraged longs suggests conviction in near-term price action, but it also concentrates risk. If volatility spikes downward, that liquidation price isn't far from recent trading ranges. High reward potential, but the margin for error is razor-thin.