TechFlow, on September 29, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a certain address has taken a short position on ETH with 20x leverage and currently faces an unrealized loss of $4.49 million.
Four hours ago, this address deposited 3.2 million USDC into Hyperliquid as margin, then increased its ETH short position to 8,000 ETH (approximately $32.86 million), with an average entry price of $3,547.73 and a liquidation price of $4,522. Due to the prolonged position duration, the address has already earned $1.69 million in funding fees.
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