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Details: ht
Major Whale Opens $54.4M ETH Short Position with 25x Leverage
Gate News bot message, notable cryptocurrency trader 0x69e4 has established a significant short position on Ethereum. The trader opened a 25x leveraged short position on 13,268 ETH, equivalent to $54.4 million, with a liquidation price set at $4,399.7.
The trader, known for successful trading strategies on Hyperliquid, has maintained a profitable track record. Their previous four trades on the platform generated a total profit of $7.8 million.