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Multiple Whale Addresses Opened High Leverage Short Positions on ETH on Hyperliquid in the Last 24 Hours

By: theblockbeats.news|2025/07/11 16:41:56

BlockBeats News, July 12th, according to LookIntoChain monitoring, 0x8c58 deposited 3.74 million USDC into Hyperliquid in the past hour and shorted 18,394 ETH with 15x leverage (position value of 54.3 million US dollars).


0x2258 deposited 3.25 million USDC 16 hours ago and shorted 16,219 ETH with 25x leverage (position value of 48 million US dollars).


0xec4b shorted 13,845 ETH with 15x leverage (position value of 41.07 million US dollars).

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M briefly fell below $0.62, a drop of more than 35% in one hour

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