Whale Opens $12.43M ETH Short Position on Hyperliquid with 25x Leverage

ETH1.12%
Gate News message, a whale deposited approximately $500,000 to Hyperliquid and opened a short position on ETH worth approximately $12.43 million. The position involves 6,914 ETH with 25x leverage. The entry price stands at $1,790.36, with the current mark price at $1,797.70 and liquidation price at $1,825.58. The position is currently down approximately $50,700, with liquidation just 1.55% above the current market price.
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