TechFlow News: On March 31, on-chain analyst Onchain Lens (@OnchainLens) reported that a newly created wallet deposited $4.89 million into the decentralized derivatives platform HyperLiquid today and opened a short ETH position with 20x leverage. The position size amounts to 9,887 ETH—valued at approximately $20 million—with an average entry price of $2,021.63 and a liquidation price of $2,466.02. If ETH’s price rebounds to the liquidation level, this position would face a loss of roughly $445 per ETH, or about 22%.
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