According to Onchain Lens Odaily, a whale closed its 20x leveraged ETH short position opened 4 hours earlier, incurring a loss of $1.3 million. It is reported that the whale had previously deposited 5 million USDC into Hyperliquid to open an Ethereum short position, and is now facing huge losses in just a few hours.
A whale closed its ETH short position with 20x leverage, opened 4 hours earlier, incurring a loss of $1.3 million.
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