Two whales short 50,838 ETH worth about $98 million on Hyperliquid

Two crypto whales are shorting a combined 50,838 ETH on Hyperliquid, with the positions valued at about $98 million, ChainCatcher reported, citing monitoring by Lookonchain. Shorting involves positioning for an asset’s price to decline.

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Two whales short 50,838 ETH worth about $98 million on Hyperliquid - CoinPost Terminal