A trader traded BTC and ETH with high leverage on Hyperliquid and lost $2.788 million in 2 days

Planet News: According to on-chain analyst Yu Jin's monitoring, a trader on the Hyperliquid platform suffered a loss of $2.788 million through three high-leverage trades within two days. Specifically: shorting 41,851 ETH with 25x leverage, with a position value of approximately $103 million, resulting in a loss of $2.46 million; then going long 166 Bitcoin with 40x leverage, with a position value of $17.6 million, losing $175,000 within 45 minutes; finally shorting 2,636 ETH at a price of $2,444 with 25x leverage, being stopped out due to the liquidation price moving down from additional positions. The trader initially invested 2.96 million USDC and was left with only 172,000 USDC.