ChainCatcher report, according to Onchain Lens monitoring, the ETH short position of Hyperliquid trader pension-usdt.eth was liquidated, involving an exposure of approximately $108.18 million. On-chain data shows that this liquidation resulted in a loss of approximately $26.66 million, but the trader’s cumulative historical profits remain positive, with total profits of $17.76 million. Previously, this address held approximately 50,000 ETH short positions, valued at around $85 million. The trader’s address is: 0x0ddf9bae2af4b874b96d287a5ad42eb47138a902.
Hyperliquid Trader pension-usdt.eth Suffers $26.66M Loss from ETH Short Liquidation
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Summary
A Hyperliquid trader identified as pension-usdt.eth suffered a $26.66 million loss after an ETH short position was liquidated. The position had $108.18 million in exposure. Despite the setback, the trader’s cumulative profit remains at $17.76 million. The ETH market update highlights ongoing volatility amid sharp price swings. ETH price movements continue to test large positions as traders face significant drawdowns.
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