A certain Address is shorting ETH with 20x leverage, currently facing unrealized losses of 4.49 million USD.

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On September 29, according to on-chain analyst Ai Yi (@ai_9684xtpa), a certain Address used 20x leverage to short ETH, currently with unrealized losses of 4.49 million USD. The Address deposited 3.2 million USDC as Margin to Hyperliquid four hours ago, then increased the ETH short order size to 8,000 (approximately 32.86 million USD), with an entry price of 3547.73 USD and a liquidation price of 4522 USD. Due to the long entry time, the Address has profited 1.69 million USD from funding fees.

ETH3.12%
USDC0.02%
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