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A Whale with 50x leverage shorting ETH Margin Replenishment 5 million U to raise the short order get on board average price
BlockBeats News, on January 4th, according to Lookonchain monitoring, a Whale (Position total value of 53.8 million US dollars) who shorted ETH with 50 times leverage on Hyperliquid, carried out Margin Replenishment of 5 million USDC to raise the average price of their short order get on board. Currently, this Address has a floating loss of 5.36 million US dollars for this short position, and the liquidation price is 4,891.59 US dollars.