Golden Finance reports that, according to on-chain analyst Onchain Lens (@OnchainLens), large Ethereum holders experienced significant losses after two consecutive high-leverage trades and have completely exited the market. The investor first closed a 7x leveraged ETH long position, incurring a loss of $3.34 million, then opened a new 8x leveraged ETH position worth approximately $17 million, which was ultimately liquidated with a loss of $1.23 million. The total loss from both operations reached $4.86 million, and the investor has withdrawn all remaining funds from the HyperLiquid platform.
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