TradingBeats, formerly Hyperinsight, says the largest ETH short on Hyperliquid, the whale account pension-usdt.eth, is now sitting on a $19.17 million unrealized loss. The position was opened around $1,700 with 3x leverage, while the position value still stands at $104 million and the liquidation price is listed at $2,189. TradingBeats also said the account has not traded for nearly two months, yet its completed trades show an 85.45% win rate. According to the monitor, the wallet has made $13 million from BTC trades and $27.48 million from ETH trades, and has earned $1.04 million in funding fees.
Hyperliquid’s top ETH short is deep in the red
BlockBeats reported on August 19 that TradingBeats, formerly Hyperinsight, was monitoring the largest ETH short on Hyperliquid. The account, pension-usdt.eth, was shown with an unrealized loss of $19.17 million on its Ethereum short position.
The position was opened around $1,700 and uses 3x leverage against ETH. Even after the loss widened to $19.17 million, the position was still valued at $104 million. TradingBeats listed the liquidation price at $2,189.
Wallet history and prior performance
TradingBeats said pension-usdt.eth has not made any trading moves for nearly two months. Its completed trades, however, show an 85.45% win rate.
According to the monitoring data, the wallet has generated $13 million in historical profit from BTC trades and $27.48 million from ETH trades. It has also earned $1.04 million in funding fees.
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