Markets· ★★· bearish·

Whale holds $40.9M Ethereum short on Hyperliquid

  • —Short position of 15,182.44 ETH worth $40.91 million
  • —Average entry price $2,697.79; ETH trades near $2,694.50
  • —Unrealized profit on the position is about $50,000
Why it matters: Large Hyperliquid shorts can add selling pressure on ETH and signal bearish positioning among major players.
Source: TokenPost