A certain whale shorted $48.8 million worth of ETH with 5x leverage, with an unrealized profit of $44,000.
According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that address 0x69e...45272 has opened a 5x leveraged short position on ETH worth $48.8 million. One hour ago, this address deposited 5 million USDC as margin to Hyperliquid, and subsequently opened a short position of 11,884.57 ETH at an entry price of $4,113.23. The current unrealized profit is $44,000.
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