Whale Shorts Ethereum on Hyperliquid Amid Price Rebound
The post Whale Shorts Ethereum on Hyperliquid Amid Price Rebound appeared on BitcoinEthereumNews.com. Key Notes A whale used $3.8 million USDC to open a $2 million short on Ethereum via Hyperliquid. The position carries 25x leverage and triggered debate across trading circles. ETH price remains volatile, trading near $2,510 with upside targets still in play. Current market data shows that a whale has opened a major short position on Ethereum ETH $1 845 24h volatility: 2.6% Market cap: $222.72 B Vol. 24h: $14.22 B using a popular decentralized perpetual exchange, Hyperliquid HYPE $19.97 24h volatility: 5.4% Market cap: $6.67 B Vol. 24h: $206.60 M . This bold position has sparked debate across the crypto community. Many participants comment on its timing and high risk, especially as the Ethereum price attempts to recover. Whale’s leveraged short position raises market concerns It is worth noting that Spot On Chain first reported the short position against Ethereum on May 20, 2025. The report shows a whale depositing 3.876 million USDC into Hyperliquid. That capital was used seven hours later to open a short position valued at roughly $1.999 million, with a high 25x leverage. This means the investor stands to gain significantly if Ethereum’s price drops below $2,568.12, but risks heavy losses if the price rises. A whale just deposited 3.876M $USDC into #Hyperliquid to short $ETH with 25x leverage at an entry price of $2,568.12 Follow @spotonchain and track this whale at https://t.co/uueeT3zNXh pic.twitter.com/Wrz7u45rHA — Spot On Chain (@spotonchain) May 20, 2025 Data from HypurrScan confirms the deposit timing, which has led to speculation among traders about the large investor’s intentions. High-leverage trades like this have become more common on Hyperliquid. Hyperliquid has built a reputation for enabling fast, large-scale directional bets. However, traders familiar with the platform recall a March 2025 incident where a user lost over $4 million in a similarly leveraged…
The post Whale Shorts Ethereum on Hyperliquid Amid Price Rebound appeared on BitcoinEthereumNews.com.
Key Notes A whale used $3.8 million USDC to open a $2 million short on Ethereum via Hyperliquid. The position carries 25x leverage and triggered debate across trading circles. ETH price remains volatile, trading near $2,510 with upside targets still in play. Current market data shows that a whale has opened a major short position on Ethereum ETH $1 845 24h volatility: 2.6% Market cap: $222.72 B Vol. 24h: $14.22 B using a popular decentralized perpetual exchange, Hyperliquid HYPE $19.97 24h volatility: 5.4% Market cap: $6.67 B Vol. 24h: $206.60 M . This bold position has sparked debate across the crypto community. Many participants comment on its timing and high risk, especially as the Ethereum price attempts to recover. Whale’s leveraged short position raises market concerns It is worth noting that Spot On Chain first reported the short position against Ethereum on May 20, 2025. The report shows a whale depositing 3.876 million USDC into Hyperliquid. That capital was used seven hours later to open a short position valued at roughly $1.999 million, with a high 25x leverage. This means the investor stands to gain significantly if Ethereum’s price drops below $2,568.12, but risks heavy losses if the price rises. A whale just deposited 3.876M $USDC into #Hyperliquid to short $ETH with 25x leverage at an entry price of $2,568.12 Follow @spotonchain and track this whale at https://t.co/uueeT3zNXh pic.twitter.com/Wrz7u45rHA — Spot On Chain (@spotonchain) May 20, 2025 Data from HypurrScan confirms the deposit timing, which has led to speculation among traders about the large investor’s intentions. High-leverage trades like this have become more common on Hyperliquid. Hyperliquid has built a reputation for enabling fast, large-scale directional bets. However, traders familiar with the platform recall a March 2025 incident where a user lost over $4 million in a similarly leveraged…
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