In accordance with Coinomedia, the largest Solana ($SOL) short seller on Hyperliquid, identified by wallet address 0x35d1, has opened a $1.02 million Ethereum ($ETH) short position using maximum leverage. The trader currently holds 441,393 SOL and 335.58 ETH in short positions, totaling over $64 million. Market observers are monitoring the account closely due to the high leverage, which increases the risk of liquidation if prices rise. The move indicates a bearish outlook on both assets.
Whale Adds $1.02M ETH Shorts to $63.55M SOL Shorts on Hyperliquid
CoinomediaShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.