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A whale address has deposited 5.1 million U to open a 20x ETH short position on HyperLiquid.

By: theblockbeats.news|2025/09/13 01:22:50

BlockBeats News, September 13th, according to Onchain Lens monitoring, a newly created wallet deposited 5.1 million USDC into HyperLiquid and opened a 20x leveraged ETH short position. The position data is as follows:

· Position Size: 10,796 ETH

· Position Value: $50.83 million

· Entry Price: $4,718.1

· Liquidation Price: $5,086.8

Ethereum surged above $4,700 this morning, with a 24-hour gain of 5.1%.

Insider: Polymarket valued at least $3 billion in new funding round, with a few investors submitting a term sheet valuing the company at $10 billion.