Hupzy (Spot On Chain)|Oct 05, 2026 08:10
A Hyperliquid trader who lost $471K on a 14,976 ETH short has reversed to a 25x long on 23,734 ETH ($๐ฒ๐ฐ.๐ฏ๐ notional), with liquidation at $๐ฎ,๐ฒ๐ฑ๐ฌ.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: Doubling down after a failed short is a high-conviction momentum signal, but 25x leverage creates asymmetric downside. If ETH approaches $2,650, forced selling from this single position amplifies the move โ a cascading-liquidation magnet, not a clean support test.
The failed short preceding the long adds a contrarian read: the trader was wrong once and is now max-leveraged the other way.
https://hyperbot.network/trader/0x914bd8f2b309b27a13773c4071def1afd741df6a
source: lookonchain
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