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Hyperliquid Whale 5bro.eth Attempts to Reduce $12M ETH Short Position

GateNews
ETH2.02%

Gate News message, a Hyperliquid whale with $34.7M in lifetime profits is moving to reduce its $12M ETH short position. 5bro.eth (@0x58bro) deposited 1.5M $USDC and placed a limit order to long 2,000 $ETH (~$3.73M).

If the order is filled, the trader's position would reduce from 6.5K $ETH short to 4.5K $ETH short. The whale has accumulated a lifetime PnL of +$34.7M.

View Source
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Comment
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Ethereum,GoDie.vip
· 07-19 16:34
Bull market, fast return to its origin 🐂
View OriginalReply0
Ethereum,GoDie.vip
· 07-19 16:34
The bull run returns quickly to 🐂
View OriginalReply0
GateUser-4b7240a8vip
· 07-19 11:02
Buy the dip and enter the market 😎
View OriginalReply0