A user deposits 3.36 million USDC into Hyperliquid to open a 25x ETH short position, with a liquidation price of $2,247
Lookonchain monitoring shows that a user has just deposited 3.36 million USDC into Hyperliquid and opened a 25x leveraged short position on ETH. The position currently totals 41,947 ETH (valued at $92 million), with an unrealized profit of $658,000. The liquidation price is $2,247.1 (current price $2,198).
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
FlamingoFinance Loses $346,000 in DeFi Exploit Using $18M Flash Loan
Canadian National Railway, Amtrak Reach New Operating Agreement
Canada's Pivot to EU Offers Growth, But Requires Infrastructure -- Market Talk
Intuitive Surgical Insider Sold Shares Worth $407,765, According to a Recent SEC Filing
