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Hyperliquid Mystery Whale Now Betting on Chainlink - Cointelegraph
🎭 The anonymous trader known as the "ETH 50x Big Guy" has made another big trade, this time with Chainlink.
🤑 On March 14, he opened a $31 million long with 10x leverage on Hyperliquid and GMX, and also purchased $12 million in spot LINK.
❗️ The same trader had previously collapsed Hyperliquid's liquidity by liquidating a $200 million ETH long, which resulted in $4 million in losses for the platform.
🪙 Despite this, he earned $1.8 million on the deal and $17 million in a month.
👀 In response, the exchange revised its margin rules to avoid similar situations in the future.