User Deposits 3.36 Million USDC to Hyperliquid, Opens 25x Leveraged ETH Short Position Worth $92 Million

By: en coinotag|2025/05/09 10:45:02
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According to recent data from LookIntoChain , a significant transaction was recorded on May 9th involving a deposit of 3.36 million USDC to Hyperliquid . This move enabled the user to establish a 25x leveraged short position on Ethereum (ETH) . Currently, the position comprises 41,947 ETH , equivalent to approximately $92 million . Presently, the unrealized profit stands at $658,000 , highlighting the potential merits of leveraging in volatile markets. Notably, the liquidation threshold for this position is set at $2,247.1 , while the current market price of Ethereum is around $2,198 . This strategic approach underscores the critical importance of risk management in cryptocurrency trading.

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