HuoXing Finance reports that on April 1, according to Hyperinsight monitoring, an address starting with 0x704 opened a short position on the S&P 500 with 50x leverage early this morning at an average entry price of $6,512, with a liquidation price of $6,578—currently just 0.26% away from liquidation, and the unrealized loss has reached 53%. Additionally, among the multi-million-dollar long positions on Hyperliquid, the closest to liquidation is the whale address starting with 0x965, currently holding $17.2 million at an average price of $6,532, with a liquidation price at $6,451.
Whale Opens 50x Short Position on S&P 500, Just 0.26% Away from Liquidation
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Summary
A whale opens a 50x short position on the S&P 500 via position trading, entering at $6,512 with liquidation at $6,578. Position sizing reveals a 53% floating loss, just 0.26% away from liquidation. On Hyperliquid, a whale with address 0x965 holds a $17.2 million long position at $6,532, set to liquidate at $6,451.
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