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A whale used 6.58 million USDC last night to short 37,000 ETH with 15 times leverage

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2025-07-12 03:54:23
According to on-chain analyst Ember Monitoring, a whale shorted 37,000 ETH on Hyperliquid last night using 6.58 million USDC at 15 times leverage, with a position worth $110 million. The opening price was $2,969 and the clearing price was $3,079.
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