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Details: ht
#巨鲸动向 Recently, a trading Whale shorted Ethereum at the $2000 mark and has now incurred unrealized losses of up to $4.49 million. According to on-chain data, the Address injected $3.2 million USDC as Margin into the Hyperliquid platform about four hours ago, and then significantly expanded its ETH short positions to 8000, with a total value of approximately $32.86 million. The trader's average get on board price is $3547.73, and if the ETH price rises to $4522, their position will face liquidation risk.
Despite the significant losses, the trader has made a profit of approximately $1.69 million through the funding rate mechanism due to the long holding period, partially offsetting the unrealized losses. This large-scale shorting operation reflects the divergent views in the current market regarding the price trend of Ethereum, which is worth close attention from market participants.
$ETH @Square-Creator-5dee31d1b8c1