๐ฅ BIG BET: $48.8M SHORT on $ETH
About an hour ago, wallet 0x69e45D4b853D2864450E0C25d12B43f2AD845272 deposited $5M USDC as margin on Hyperliquid.
๐ป Shortly after, the address opened a 5x SHORT POSITION worth 12,372 ETH at an entry of $4,113.23 โ thatโs a massive $48.8M exposure!
โ ๏ธ But the move hasnโt gone smoothlyโฆ the position is already sitting at a -$75,000 floating loss. One of the boldest (and riskiest) ETH trades weโve seen in recent hours.
๐ Whatโs your take โ smart play or disaster waiting to happen?