A Whale’s 25x Short Position on ETH Nears Liquidation, Position Valued at $40.7 Million

According to a report by Jinse Finance, Lookonchain monitoring shows that the whale "0x9626" has shorted ETH on Hyperliquid with 25x leverage and is now close to liquidation. The whale has partially closed positions but still holds a short position of 12,500 ETH, valued at $40.7 million. The current loss exceeds $2 million, with a liquidation price of $3,279.57.