A certain trader opened a short position in ETH on the Hyperliquid platform with 50x leverage, and has now lost 1.2 million dollars. 😮

The opening price was $3429.45, and if ETH rises to $4843.9, this position will be forcibly liquidated. 📉

This trade reminds us that leveraged trading is extremely risky, and market fluctuations can lead to significant losses. 📊

Investors should operate cautiously, assess risks reasonably, and avoid unnecessary losses due to market fluctuations. 🔍