A whale shorted ETH at 25x leverage, with a position value of $12.43 million

Golden Finance reported that on July 11, according to Onchain Lens monitoring, a whale deposited about $500k into Hyperliquid and opened a short position of 6,914 ETH (worth $12.43 million) with 25x leverage. The opening price was $1,790.36, the liquidation price was $1,825.58, current unrealized losses are about $50.7 thousand, and it is only 1.55% away from the liquidation price.
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