Odaily Planet News: According to monitoring by Lookonchain, a certain address deposited 3 million USDC into Hyperliquid and used maximum leverage to short 18,261 ETH (worth $60.32 million) and 1,845 XMR (worth $1.27 million). The liquidation price for the ETH position of this address is $3,380.
Whale Opens $60.32M ETH and $1.27M XMR Positions on Hyperliquid with Maximum Leverage
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Summary
A whale used leveraged trading on Hyperliquid to short 18,261 ETH ($60.32M) and 1,845 XMR ($1.27M) at maximum leverage, depositing 3 million USDC as collateral. The ETH position is at risk of liquidation if the price drops to $3,380. Traders are closely monitoring key support and resistance levels as large leveraged positions continue to grow. Another whale has opened a similar position near the same support and resistance zone.
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