Whale Trader Doubles ETH Position with $24.76M Leverage, Triggering Market Uncertainty

A significant move by cryptocurrency trader Huang Lizheng, known as ‘Pal,’ has sparked attention in the crypto market. His leverage-based trade on Hyperliquid increased his Ethereum position by a staggering $24.76 million, representing one of the largest leveraged trades recorded on the platform. This move highlights the high-stakes nature of cryptocurrency trading and its potential to impact market dynamics.