Smart Money Shifts to 25x ETH Short Position on Hyperliquid Amid $38.42M Cumulative Gains
2025-07-06 02:39:27
Main Idea
A smart money entity shifted from a long to a 25x leveraged short position on Ethereum via Hyperliquid, while maintaining a 40x leveraged long position in Bitcoin, with cumulative profits of $38.42 million.
Key Points
1. A smart money investor adjusted their Ethereum exposure by opening a 25x leveraged short position worth $3.86 million at an entry price of $2,518 per ETH.
2. The same investor holds a 40x leveraged long position in Bitcoin valued at $6.94 million.
3. This account has generated cumulative profits of $38.42 million on Hyperliquid, including a recent weekly gain of $664,000.
Description
On July 6, on-chain analytics revealed that a prominent smart money entity adjusted its Ethereum exposure by shifting from a long to a short position on Hyperliquid. Presently, this investor
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