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Smart trader is in a $76.6M profit by shorting ETH on Hyperliquid

Smart

Hyperliquid trader 0x20C, who opened a 50X short on ETH at $3,219, is now in $76.6M profit, including $3.18M from funding fees:

 

The ETH price dropped another 8% in the past 24 hours, falling below $2,200 and reaching a one-year low!

 

Fig 1. The current PnL of trader 0x20C's short ETH position on Hyperliquid.

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