# 黄立成（麻吉）’s 540-Ether Long Is Liquidated; 16,610.96 USDC Moves to Papertrade By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/52575 Published: 2026-11-09T21:39:16.000Z Updated: 2026-11-09T21:39:16.000Z Section: Investing > The Papertrade account held multiple Ether contracts with leverage as high as 100x at publication. A 540 Ether (ETH) long position held by 黄立成（麻吉） on Hyperliquid was fully liquidated Nov. 9 during a sharp drop in the crypto market. The trader then transferred the account’s remaining 16,610.96 USDC to a Papertrade account. A long position is a trade based on an asset’s price rising. At publication, the Papertrade account held multiple leveraged Ether contracts, with leverage reaching as high as 100x. The event follows the trader’s [reopening of long positions in Ether, HYPE and Bitcoin (BTC) on Hyperliquid on Oct. 30](), after an Ether position was liquidated. Those positions totaled $5.88 million after a 250,000 USDC deposit. The Ether long had a $2,161 liquidation price, about $86 below Ether’s price at the time. On Oct. 24, the account had been liquidated five times within one hour, leaving about $5,000. At the time of the Oct. 30 positions, the trader’s cumulative Hyperliquid trading volume over the prior 18 months was $15.86 billion, with losses totaling $37.05 million. ## Links in this article - [reopening of long positions in Ether, HYPE and Bitcoin (BTC) on Hyperliquid on Oct. 30](https://www.tokenpost.com/news/investing/44621)