A whale shorted ETH with 50 times leverage on HyperLiquid, with a floating profit of over $62.4 million

PANews
PANews|Feb 27, 2025 03:00
According to Onchain Lens monitoring, a whale shorted ETH on HyperLiquid with 50 times leverage, and the current floating profit has exceeded $62.4 million. The whale not only profits from the drop in ETH prices, but also earns additional income from funding rates, achieving two-way profitability.
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