A new cryptocurrency address, 0x345…2b518, has made its first transaction by opening a significant short position on Ethereum. Early this morning, the address deposited 5 million USDC as margin into Hyperliquid and initiated a 20x leveraged short position of 9,890 ETH, valued at $20.49 million, with an opening price of $2,021.6 per ETH. The position is currently experiencing an unrealized loss of $502,000.
New Address Opens $20 Million Short Position on Ethereum
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