A trader using the address 0x69e…45272 has opened a significant short position on Ethereum, valued at $48.8 million. The trader deposited 5 million USDC as margin on Hyperliquid before initiating a 5x leveraged short of 11,884.57 ETH at an opening price of $4,113.23. Currently, the position shows an unrealized profit of $44,000.
Trader Opens $48.8 Million Short Position on Ethereum
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