CryptoCoinDeskabout 2 hours ago
Trader loses $24M on ether short
1 min read
A Hyperliquid trader, pension-usdt.eth, lost $24 million in 12 seconds when a 50,000 ETH short was liquidated as ether surged. Five liquidation orders amplified the price move during the forced unwind. The trader had previously made $49 million shorting crypto.
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