Markets· ★★· bearish·

Hyperliquid whale grows ETH short to 10,046 coins worth $24.2M

  • —Short of 10,046.13 ETH valued at $24.23M at $2,412.10
  • —Position up 537.03 ETH, or 5.65%, since October 13
  • —The short may hedge spot holdings rather than bet on a decline
Why it matters: A large Hyperliquid short signals some traders are positioning for ETH weakness, though without spot data it is only part of the picture.
Source: TokenPost