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TechFlow news, May 9 — According to on-chain analytics platform Lookonchain, a trader shorted Ethereum (ETH) with 25x leverage on Hyperliquid and lost $4.77 million within less than eight hours. The trader initially deposited $5.08 million to open the position and now has only $310,000 remaining in their account.
According to on-chain analytics platform Lookonchain, a trader shorted Ethereum (ETH) with 25x leverage on Hyperliquid and lost $4.77 million in less than 8 hours. The trader initially deposited $5.08 million to open the position and now has only $310,000 remaining in their account.
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