BlockBeats News, January 4th, according to Lookonchain monitoring, a certain whale (total position value of 53.8 million USD) shorting ETH with 50x leverage on Hyperliquid added 5 million USDC to increase the average entry price of its short position. Currently, this address has an unrealized loss of 5.36 million USD from this short, with a liquidation price of 4,891.59 USD.
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