A whale short ETH with 50x leverage on Hyperliquid, making a profit of $48.56 million
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According to HypurrScan data, a whale address (0x20C2d95a...99dA44f5) opened a 50x leveraged short position on Ethereum on Hyperliquid in January. The current position size is 67,433 ETH, with an entry price of $3,220. The position is currently showing an unrealized profit of approximately $48.56 million. The data shows that the liquidation price for this position is $4,056.8.
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