According to Lookonchain, trader @izebel_eth successfully timed the market bottom, going long on Bitcoin (BTC) and Ethereum (ETH) using high leverage on the Hyperliquid platform, resulting in an unrealized profit of $1.17 million. The trader entered a long position on BTC at $75,511 with 20x leverage and on ETH at $1,428.86 with 25x leverage, showcasing significant trading acumen and risk management.

According to AltcoinGordon, an investor has opened a $69 million long position with 25x leverage on Butthole Coin via the OXFUN platform, signaling significant bullish sentiment. This move may impact market dynamics and liquidity given the substantial leverage involved.