BlockBeats News, September 29th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a certain address has shorted ETH with 20x leverage, currently facing an unrealized loss of $4.49 million.
This address deposited 3.2 million USDC to Hyperliquid as collateral four hours ago, then increased the ETH short position to 8,000 ETH (about $32.86 million) with an entry price of $3,547.73 and a liquidation price of $4,522. Due to the extended holding period, the address has already made a profit of $1.69 million through funding fees.
