A whale opened a 25x leveraged ETH short position on Hyperliquid, with a position size of $12.98 million.


 according to Lookonchain monitoring, a whale deposited 3.25 million USDC to Hyperliquid, established a short position of 3000 ETH with 25 times leverage, with a total position value of approximately 12.98 million US dollars, and its liquidation price is 5291.9 US dollars.