Even though ETH and the market are experiencing strong growth, a whale is not sitting still. He has opened a short position on ETH with 25x leverage worth 62 million USD on Hyperliquid. 🐋💥
This short position has an entry at 2211 USD, and currently, ETH is priced at 2305 USD. This means that this whale is facing an unrealized loss of 2.5 million USD. If ETH continues to rise to 2343 USD, this whale will have his position liquidated. 🔥
According to you, will this whale survive or will it be a tasty bait for the market makers?😁
