Smart Money Shifts to 25x ETH Short Position Worth $1.9M Amid $34M Hyperliquid Profits

Key Points

1. Smart money holds a 25x ETH short position valued at $1.9 million at an average entry price of $3,803.

2. The same address also holds a 40x Bitcoin short position worth $15.73 million and a 20x Solana short position worth $11.05 million.

3. This diversified short strategy indicates anticipation of a broad market downturn.

4. The strategy has generated over $34 million in profits on Hyperliquid.

5. High-leverage shorts like 25x can amplify market volatility and require careful risk management.