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TechFlow, July 18 — According to on-chain analyst Onchain Lens (@OnchainLens), a trader has opened a $56.76 million short position in Ethereum (ETH) with 20x leverage on HyperLiquid. To avoid liquidation, the trader has deposited $17.04 million in USDC over the past six days. The position is currently facing a floating loss of $10 million.
According to on-chain analyst Onchain Lens (@OnchainLens), a trader holds a $56.76 million short position in Ethereum (ETH) with 20x leverage on HyperLiquid. To avoid liquidation, the trader has deposited $17.04 million in USDC over the past six days. The position is currently facing an unrealized loss of $10 million.
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