Hyperliquid address holds $51.3M ETH short with $1.31M unrealized profit
- —Short of 19,762.81 ETH worth $51.28M on Hyperliquid
- —Average entry price $2,661.05 versus current ETH price $2,594.56
- —Unrealized profit on the position is about $1.31M
- —Address 0xecb63c...2b00 has previously been reported holding ETH shorts on Hyperliquid
Why it matters: Large Hyperliquid shorts signal bearish whale positioning and can amplify downside pressure on ETH if liquidations cascade.
Source: TokenPost