According to the monitoring of Lookonchain, a trader shorted ETH with 25x leverage on the Hyperliquid platform and lost up to $4.77 million in 8 hours. He initially deposited $5.08 million to short ETH, but suffered severe losses due to market volatility, and currently only $310,000 is left in his account.
A whale shorted ETH with 25x leverage and lost $4.77 million in 8 hours. Currently, only $310,000 is left in the account
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