A user deposits 3.36 million USDC into Hyperliquid to open a 25x ETH short position, with a liquidation price of $2,247
Lookonchain monitoring shows that a user has just deposited 3.36 million USDC into Hyperliquid and opened a 25x leveraged short position on ETH. The position currently totals 41,947 ETH (valued at $92 million), with an unrealized profit of $658,000. The liquidation price is $2,247.1 (current price $2,198).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: If ETH falls below $2,950, the cumulative long liquidation intensity on major CEXs will reach $854 millions.
Data: Ethereum staking rate reaches 27.93%, Lido market share at 24.74%
The current TVL of the RWA sector is $16.536 billions.
