BlockBeats news: On January 16, according to monitoring by lookonchain, a highly leveraged trader deposited $3 million in USDC into Hyperliquid and opened the following short positions using maximum leverage:
· 18,261 ETH (approximately $60.32 million)
· 1,845 XMR (approximately $1.27 million)
Among them, the liquidation price for ETH is $3,380.
High-Leverage Trader Opens 25x Short Position on Over 18,000 ETH with Liquidation Price at $3,380
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Summary
A high-leverage trader executed a 25x short position on Hyperliquid, using $3 million in USDC to short 18,261 ETH (approximately $60.32 million) and 1,845 XMR (around $12.7 million). The ETH liquidation price is set at $3,380. Leverage trading continues to be a key factor in significant price movements.
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