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Whale Makes Strategic $6.69M Move on Hyperliquid with ETH Short Position
Gate News bot message, A significant crypto whale transaction occurred on Hyperliquid, involving a $6.69 million deposit. The whale simultaneously established a 3x leveraged ETH short position while purchasing 889.3 ETH in spot trading at $4,385 per ETH, totaling $3.9 million.
The transaction demonstrated a complex trading strategy combining leveraged futures and spot market activities on Hyperliquid.