BlockBeats reported on Nov. 12 that, according to OnchainLens, a trader deposited $4.5 million in USDC into Hyperliquid and then opened a $5.67 million long position in Nvidia (NVDA) using 2x leverage. Notably, just 22 days ago, the trader closed a long position in Zhipu (ZHIPU), losing $2.71 million. The trader’s cumulative historical losses have now reached $4.37 million.