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ETH Whale Faces Heavy Losses as Hyperliquid Short Squeeze Looms

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The Story

News Summary

  • Hyperliquid whale positions total $7.69 billion, with shorts holding 52.38% and facing $408 million in losses.
  • Notably, a whale holding a 5x cross-margin ETH short from $2,263.09 is currently down $18.97 million, elevating the risk of a short squeeze.
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ETHUSD price history

2522.00 +24.43% over the displayed period

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