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by: xpoolPosted on: May 9, 2025

Massive $3.36 Million Short Position Opens on Ethereum, Triggering Market Volatility

A substantial $3.36 million short position in Ethereum has been opened by a user at Hyperliquid, leading to heightened market volatility. The leveraged position, worth 25 times the value of ETH, is now facing liquidation pressure as Ethereum’s price approaches $2,400. Liquidation prices have fluctuated between $2,247 and $2,343 based on real-time market shifts.

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Crypto Market Ethereum Short Position

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