$ETH A whale, battling to avoid liquidation, has sold a portion of their ETH holdings to bolster the margin on a 20x leveraged $ETH short position on Hyperliquid ๐ป
Despite this move, the whale has already lost $9.88 million on the trade and is staring down a floating loss of approximately $18 million, with $ETH trading around $4,750
Whatโs your takeโis this whaleโs margin top-up a last-ditch effort to ride out a dip, or are they sinking deeper in a losing short?
