A whale took a short position during an exchange FUD rumors, now the largest bear on the BNB Hyperliquid platform
BlockBeats News, February 5th, according to HyperInsight monitoring, a whale with an address starting with 0xf2e currently holds a short position of about $3.7 million in BNB on Hyperliquid, with an average price of $753, a floating profit of about $310,000 (+42%), a liquidation price of $902, and is now the largest short position on the platform for BNB.
During the FUD rumors against an exchange on February 2nd, this address withdrew about $1.12 million from an exchange wallet and deposited it into the Hyperliquid platform. Subsequently, it opened a short position with 5x leverage, marking its first trade on the platform.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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