<ul><li>A high-risk trader known as the "50x ETH" whale has opened a large long position on Chainlink (LINK) with 10x leverage on Hyperliquid.</li><li>The trader previously made $16.4M from flipping leveraged positions and raised concerns about extreme leverage on decentralized platforms.</li><li>The whale currently has a position size of $31M on LINK and accumulated around $12M in spot LINK, with gradual selling of holdings.</li><li>Hyperliquid, despite facing controversy, continues to dominate decentralized derivatives trading and recently achieved $1 trillion in lifetime trading volume.</li></ul>

Chainlink Price Prediction: Can the 50x ETH Whale Trigger a LINK Rally?

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