Address 0x89B…A7358 added 1 million USDC as margin to short 5,294.36 ETH
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On-chain data shows that address 0x89B…A7358 added 1 million USDC as margin to Hyperliquid 4 hours ago. Currently, it is long on 218 BTC ($19.17 million) and short on 5,294.36 ETH ($15.6 million), indicating a bearish view on the ETH/BTC exchange rate. According to data from a certain exchange, the current ETH/BTC exchange rate is 0.03358, which has retraced more than 22% from the August peak of 0.04328. (Ai Yi)
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