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An address is using 25x leverage to go long on ETH, with a position worth $28.44 million.
Odaily Planet Daily reports that, according to Onchain Lens monitoring, a newly created address (0x4cBC…3447) deposited $1.5 million USDC into Hyperliquid and opened a long position on ETH with 25x leverage, with a position value of $28.44 million.