A Whale Shorts 14,500 ETH, Makes $500,000 Profit in One Hour

BlockBeats News, April 30, according to Hyperinsight monitoring, in the past 1 hour, a whale with address starting with 0x66f on the Hyperliquid platform opened a 20x leveraged ETH short position with a size of 14,500 ETH, equivalent to $32.5 million, at an average entry price of $2,272.

In the past 20 minutes, the market experienced a short-term decline, and the whale's entry position happened to be right at the intraday rebound high point. The whale entered the trade in profit, with a floating profit of over $500,000 within 1 hour. This was the most accurate top short in this round of on-chain rebound.

Address: 0x66f463866512fc337c89bad2032acbe38ee38836