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ETH's largest short position "pension-usdt.eth" takes profit and reduces position, with a total of $20.47 million closed so far.
BlockBeats News, June 18 — According to Hyperinsight monitoring, the largest ETH short position on Hyperliquid, "pension-usdt.eth," has resumed taking partial profits. Compared to the initial profit-taking the day before, which reduced about 10k ETH shorts, this round has currently reduced approximately 1,700 ETH, and the position is still being reduced as of press time.
This address previously shorted 60k ETH with 3x leverage, with a position value of about $107 million, and an opening average price of $1,810. As of press time, it has closed approximately 11.7k ETH over the past two days (about $20.47 million), with remaining unrealized profit of about $3.18 million.
Address: 0x0ddf9bae2af4b874b96d287a5ad42eb47138a902