HyperLiquid Ethereum short position generates $8.277M profit

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A HyperLiquid Ethereum short position has generated $8.277 million in profit, demonstrating effective position trading. The 8,510 ETH position, opened on December 10 with 25x leverage, was last added to at $2,978.15. Address 0xed4…c6029 now holds the most profitable ETH short on the platform. Strategic position sizing played a key role in maximizing returns, as the trade has gained significant value in recent days.

PANews, February 17: According to on-chain analyst Ai Yi, address 0xed4…c6029 has become the most profitable address for Ethereum short positions on Hyperliquid. Since opening the position on December 10, it has held a 25x leveraged short position of 8,510 ETH, with its most recent addition three days ago at an average entry price of $2,978.15, generating a current unrealized profit of $8.277 million.

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