A trader lost $4 million in profits in half an hour on Hyperliquid.
Date: 2025-10-30 Author: Henry Casey Categories: CRYPTO PAYMENTS
Lookonchain analysts reported a sharp loss for one of their trading participants on the decentralized platform Hyperliquid. Within 30 minutes, the trader, who had been actively using leverage, found himself in the red after a series of liquidations. According to the experts, he held long positions in Bitcoin, OFFICIAL TRUMP (TRUMP), and Ethena (ENA), expecting the market to rise. However, a sudden decline in prices resulted in three consecutive liquidations, turning more than $4 million in profits into a loss of $238,000.
Despite this outcome, the overall sentiment among major players remains positive. Lookonchain noted that, despite increased volatility, whales continue to open long positions on Hyperliquid, demonstrating confidence in further crypto market growth.
Several recent trades serve as an example. One whale opened a position with 40x leverage for 179.59 BTC—approximately $19.9 million. Another participant, using a new wallet, deposited $1.95 million in USDC and opened a long position of 4,743 ETH with 25x leverage, equivalent to approximately $18.7 million. Another trader, known for his performance (83.7% success rate out of 43 trades), opened a long position of 62 BTC with the same 40x leverage, for a total value of approximately $6.88 million.
These examples demonstrate that, despite the risk of liquidations, many professional market participants continue to actively use high leverage in hopes of a market recovery. According to analysts, this activity indicates continued optimism among large investors, who, despite temporary dips, are in no hurry to change their strategies.
It was previously reported that Hyperliquid had already experienced mass liquidations: over 1,000 traders lost their entire deposits on the night of October 11, when the market crashed. This incident became one of the most notable examples of how quickly results can change in high-risk trading.
The latest liquidation only confirms that even experienced traders are not immune to sudden market fluctuations. However, judging by the whales' activity, faith in the long-term growth of cryptocurrencies remains strong, and the market remains attractive to those willing to take risks for high returns.
