According to Lookonchain monitoring, someone has opened a short position on ETH with 50x leverage on the Hyperliquid platform, and the current loss has reached $1.2 million. The opening price of the short position was $3,429.45, and if the ETH price reaches $4,843.9, the position will be forcibly liquidated.
Hyperliquid platform ETH short address has lost $1.2 million
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