‘Long ETH with $125k Liquidation’ Whale Opens 25x ETH Long — 4,026 ETH ($17.1M) After 740k USDC Transfer to Hyperliquid

On-chain monitoring firm Ashes Monitoring reported that the address labeled “Long ETH with $125k Liquidation” transferred 740,000 USDC to Hyperliquid approximately two hours ago, registering a clear USDC transfer into a derivatives counterparty on-chain.

The same account opened a 25x leveraged long comprising 4,026 ETH — roughly $17.1 million — at an average entry of $4,247 per ETH; this concentrated position significantly raises liquidation risk and expands notional market exposure, meriting continued monitoring by traders and risk managers.

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