The Hyperliquid whale, well known to shorten ETH in 50x, returned with another leverage position. This time, during the market collapse, the whale established a 20x long position.
The hyperliic whale, which empties Dex’s reserves with a short position of 50x Ethereum (ETH), returned with another risky movement. Whale has previously built a short position with the summit value above 520 million dollars Even aggressive merchants failed in a coordinated attack to liquidate the wallet.
The same wallet is now a long position It is more than $ 70 million in conceptual value. 20X leverage makes a strong and risky bet that ETH collapse can almost end. The whale called the local base closely because it was a $ 1,391,70 liquidation price in the first hours of the position. As you choose to protect or close the whale position, the liquidation price may change.
The whale entered $ 1,459.01 and bets that ETH would not sink more than $ 1,500. The position was mostly in green for the first hours of the process.
Hyperliic whales bet for an ETH healing
Shortly after establishing the gardens, the whale was over 2.4 million dollars in non -made profit. In the early hours, the whale had to pay only $ 1,746.49 financing, but the amount may increase. Negative financing points to the ongoing sense of fall for ETH, as the coin falls to new low levels and causes a series of long liquidation.
The whale also continued to add to the position and said that the collateral was expanded to $ 5.76 million in Stablecoins. ETH price remained quite variable as the position was under attack. Shortly after the first earnings, while the whale continued to hold, the unrealized profit fell to $ 1.1 million. Initially, the whale opened the position with only 4.52m USDC starting from $ 1.459 per ETH.
ETH has recovered for $ 1,480.65 and remained extremely unpredictable. The coin is still going through both central and decentralized liquidations. Both retail and whales may continue to surrender if the low splash does not occur.
Two possible scenarios for the whale, ETH rallies are to move away with approximately 1 billion dollars. The other scenario is that traders can take reverse positions and try to liquidate.
A attempt similar to Uzun ETH has become a loss for another whale. The wallet is increasing the collateral to 4.7 million dollars in Stablecoin.
The other Whale positionHowever, it was an unprecedented loss of $ 3.9 million. The whale protects a $ 1,076.6 liquidation price that is slightly protected in the lower direction.
ETH showed the ability to jump because it sank at the lowest levels of 0.019 BTC. Later, the coin still returned to 0.020, although it was still near the lowest range. At this point, risky leveraged trade can produce important gains to get the right bet.
ETH -leveled positions for general traders decreased. Open interest fell to the dollar8.11b After a series of long liquidation. ETH market was liquidated within one hour 118 million dollars In long positions, all traders cannot detect ETH reversal.
It aims to save hyperiquid reputation
The new ETH wave of long positions comes because it aims to defend the reputation of hyperliic as a reliable dex. The stock market saw large -scale liquidations from well -known 50x whales and other volatile beings such as Jelly.
Some even suggested a hyperfish lice May not survive Liquidation and stress tests. However, the platform has proven that it could heal. Losses often affect risk receptors that provide liquidity to vaults, which isolates infection when a large position is liquidated.
Following the final expansion of long ETH positions, Hype fell to $ 10,59 for a short time and fell before it recovered its levels to $ 10.49.
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