Whale Trader Places $13M Short Position on ETH with 25x Leverage on Hyperliquid

GateNews
ETH-0,3%
HYPE1,24%

Gate News bot message, a notable crypto wallet address 0xd8ef has executed a significant trading move on Hyperliquid. The trader deposited 3.25 million USDC and established a short position on ETH using 25x leverage.

The position details reveal a short of 3,000 ETH, valued at approximately $12.98 million, with a liquidation price set at $5,291.9.

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