臭名昭著的“ 50x ETH”鲸鱼以前花费了400万美元的超级流动性，又回到了行动，这是链条（link）的全部时间。

在过去的45分钟内，交易者将287.5万美元存入了超流动液中，以10倍杠杆打开链路长位置。

The notorious “50x ETH” whale, who previously cost Hyperliquid $4M, is back in action—this time going all-in on Chainlink (LINK).

臭名昭著的“ 50x ETH”鲸鱼以前花费了400万美元的超级流动性，又回到了行动，这是链条（link）的全部时间。

Within the last 45 minutes, the trader deposited 2.875M USDC into Hyperliquid to open a LINK long position with 10x leverage. This comes after scoring $16.4M from flipping leveraged positions on ETH, BTC, HYPE, and YGG since February 7. Now, all eyes are on whether this LINK bet will deliver another payday or end in liquidation. However, his past trades have not only brought him massive profits but also raised concerns about the risks of extreme leverage on decentralized trading platforms.

在过去的45分钟内，交易者将287.5万美元存入了超流动液中，以10倍杠杆打开链路长位置。这是在2月7日以来从ETH，BTC，BTC，HYPE和YGG上的翻转杠杆位置得分为1640万美元之后。但是，他过去的交易不仅为他带来了巨大的利润，而且引起了人们对分散交易平台极端杠杆率的风险的担忧。

The Big LINK Bet

大链接下注

On March 14, the whale opened long positions on LINK worth approximately $31 million using 10x leverage on Hyperliquid and GMX, two major perpetual trading platforms. On top of that, he accumulated around $12 million in spot LINK. Nonetheless, on-chain data shows that he has been gradually selling portions of his LINK holdings back into stablecoins, possibly securing profits or adjusting his exposure.

3月14日，鲸鱼在Link上开设了长期位置，价值约3100万美元，使用了10倍杠杆和GMX，这是两个主要的永久交易平台。最重要的是，他积累了大约1200万美元的现货链接。尽管如此，链上的数据表明，他一直在将部分链接持有的部分出售给Stablecoins，可能会获得利润或调整他的曝光率。

This comes just days after his massive $200 million ETH long position on March 12, which led to millions in losses for Hyperliquid’s liquidity providers. The trade resulted in a $4 million deficit for the platform’s liquidity pool but landed the trader 1.8 million in profits. Over the past month, his total earnings from Hyperliquid alone have soared to $17 million, according to Web3 analytics firm Lookonchain.

这是在3月12日他的巨额耗资2亿美元的ETH长位上的几天之后，这导致了超流动流动性提供商的数百万损失。该贸易导致该平台的流动性池赤字400万美元，但使交易员取得了180万美元的利润。根据Web3 Analytics LookonChain的数据，在过去一个月中，仅他的超级流动性总收入就达到了1700万美元。

The incident highlighted the risks of leveraged trading, where traders can control huge positions with little capital. While some thought the whale exploited a loophole, Hyperliquid confirmed it was all within the rules—just an extreme case they hadn’t accounted for. To prevent future disruptions, the platform tightened its collateral requirements on March 13.

该事件强调了杠杆交易的风险，在这种情况下，交易者可以在很少的资本中控制巨大的职位。虽然有人认为鲸鱼利用了漏洞，但超流动性证实这一切都在规则之内，这只是他们没有考虑的一个极端情况。为了防止将来的干扰，该平台在3月13日收紧了其抵押品要求。

Hyperliquid’s Growing Dominance

超级流动的统治地位

Controversy aside, Hyperliquid continues to dominate decentralized derivatives trading. Since launching in 2024, it has taken 70% of the market, outpacing GMX and dYdX, as noted by VanEck. Adding to its momentum, the platform recently hit a major milestone of $1 trillion in lifetime trading volume, solidifying its spot among the top decentralized exchanges.

除了争议之外，超流动性继续主导分散的衍生品交易。自2024年推出以来，正如Vaneck指出的那样，它已经占据了70％的市场，超过了GMX和DYDX。该平台除了势头外，该平台最近达到了终生交易量1万亿美元的主要里程碑，巩固了其在最高分散的交易所中的位置。

What’s Next for Chainlink?

链链接的下一步是什么？

Chainlink’s price has been all over the place. It shot up by over 150% after Trump won the election but has since dropped from nearly $30 in December to under $14 now. But with big traders like the ETH 50x whale jumping in, many are wondering if LINK is about to make another big move. Right now, it has a market value of $8.7 billion and is still an important player in the DeFi world.

Chainlink的价格到处都是。特朗普赢得大选后，它的幅度超过150％，但此后从12月的近30美元下降到现在的14美元。但是，随着ETH 50X Whale等大型交易员跳来跳去，许多人想知道Link是否会做出另一个重大举措。目前，它的市场价值为87亿美元，并且仍然是Defi世界中的重要参与者。