Hyperliquid, a giant whale with 50x leverage, has switched to GMX and opened a short position on ETH worth 45.17 million USD
According to on-chain analyst @ai_9684xtpa, the whale that previously profited from 50x leverage on Hyperliquid has now switched to GMX, opening a large ETH short position. Monitoring data shows that this whale deposited 4.09 million USDC into GMX as collateral 10 minutes ago and then opened ETH short positions with leverages of 17.6x and 18.06x respectively, reaching a total position size of $45.17 million USD, with an opening price of $1885 USD and liquidation price at $1982 USD.
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