[Stanley Huang Lost $17.5 Million Trading on Hyperliquid Platform] On-chain analysis shows that Stanley Huang withdrew 3,437,000 USDC from Binance yesterday afternoon to early this morning to go long on ETH on the Hyperliquid platform. However, the price of ETH dropped from $3,550 yesterday afternoon to $3,150, causing his $3,437,000 investment to shrink to just $1.9 million. As of now, his total losses have reached $17.5 million.