An anonymous whale address (starting with 0x50b3) has opened an Ethereum (ETH) short position worth approximately $100 million on the decentralized perpetual futures exchange Hyperliquid (HYPE). The leverage is 23x, the entry price is $2,094.92, and the liquidation price is $2,149.84. Currently, the whale is recording an unrealized loss of about $750,000. According to CoinMarketCap, ETH is currently trading at $2,109.42, down 0.6%.
