Brutal Liquidation: Gambler Loses $4.77M Shorting ETH in 8 Hours

In a high-stakes bet gone wrong, one trader deposited $5.08 million into Hyperliquid, using maximum 25x leverage to short $ETH—only to be wiped out within 8 hours. With ETH rallying hard, the gamble backfired, leaving just $310K in the account.

That’s a staggering $4.77 million loss, likely one of the largest single-day liquidation hits seen on-chain this week.

Sometimes, the market doesn't just punish—it obliterates. Want to track this wallet for future trades?