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via BeInCrypto · By BeInCrypto Editorial
A Whale Just Opened a $44 Million ETH Short: Why Hyperliquid Traders Are Moving Against It
ETH
ETH/USDT
$2,475.82
+0.83%
$2,475.82
+0.83%
(24s)24h Volume
$4,185,596,557.79
24h H/L
$2,485.34 / $2,444.47
Change: $40.87 (1.67%)
Long/Short
60.2%
Long: 60.2%Short: 39.8%
Funding Rate
+0.0024%
Longs pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(06:00 AM UTC)
1 min read
Ethereum (ETH) price is playing hide-and-seek with the $2,000 psychological level after Strategy’s first Bitcoin sale in years rattled the market, and the on-chain reaction split in two: large holders pressing the short side, and Hyperliquid traders quietly fading them.
ETH is down more than 13% month-on-month. What makes the past few hours a scoop is not the selling itself but who is leaning…
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