A whale shorting ETH at 25x leverage closed the position an hour later, losing $333,600
According to Lookonchain monitoring, the whale that deposited 3.36 million USDC into Hyperliquid and shorted ETH with 25x leverage an hour ago has closed the position, incurring a loss of $333,600. The whale's total nominal short position was 41,947 ETH (worth $92 million), with a liquidation price of $2,247.1.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Next Week's Key Insights: A certain exchange to host Blockchain Week in Dubai; Ethereum releases Fusaka upgrade
Goldman Sachs: A rate cut by the Federal Reserve at the upcoming December meeting is almost a foregone conclusion
