Trader Opens $3.6M 4x Long on CL After $157K Losses

A trader deployed nearly $1M USDC on Hyperliquid to open a 4x leveraged long position on 49,040 CL tokens, despite prior cumulative losses of $157K.

Woofun AI reports that a trader deposited approximately 999,200 USDC into Hyperliquid to establish a long position on 49,040 CL tokens with 4x leverage, totaling a notional value of $3.63 million. The account had previously accumulated losses of $157,000 across its trading positions.