Major ETH short position worth $32.94M liquidated on Hyperliquid

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On April 9, the ETH price briefly surged after a major short position was liquidated on Hyperliquid. A top four short address (0x4a2) had 15,000 ETH—valued at $32.94 million—fully liquidated within 10 minutes at $2,196 per ETH. The liquidation generated a $260,000 profit and triggered a short-term spike in ETH price analysis over a 15-minute window.

HuoXing Finance reports that, on April 9, according to Hyperinsight monitoring, over the past 10 minutes, the top four short positions on Hyperliquid (address 0x4a2) closed their entire short position at once, causing a brief price surge over the 15-minute timeframe. The total position closed amounted to 15,000 ETH, approximately $32.94 million, at an average closing price of $2,196, resulting in a profit of approximately $260,000. Address: 0x4a20b9496610941053858bd0b7e92493f44c3c26

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