Trader Opens 25x Leveraged Short Position on 6,700 ETH at $2,209.38 Entry Price
A trader with address 0x3386 opened a 25x leveraged short position on 6,700 ETH at an entry price of $2,209.38 late Sunday on Hyperliquid. The position, valued at $14.71 million, has a liquidation price of $2,218.7. The trader's account balance fell from $1.23 million to $545,584 over the last week.
Trade Forex & CFD / Wikimedia (CC BY-SA 4.0)Position Details A trader with address 0x3386 opened a 25x leveraged short position on 6,700 ETH at an entry price of $2,209.
38, according to @lookonchain. 7, @lookonchain reported. The position was opened late Sunday on the decentralized perpetual trading platform Hyperliquid, Benzinga stated.
Current Status The position stands at 40,000 ETH and is equivalent to a value of $109.
9 million, per Benzinga. It has an unrealized profit of $188,503. The position will be liquidated if ETH increases to $2,218, Benzinga added.
Account Background The trader's account balance fell from $1.
23 million to $545,584 over the last week, according to Benzinga.
Story Timeline
3 events- Late Sunday, 2026-04-12
Trader opened 25x leveraged short position on 6,700 ETH at $2,209.38 on Hyperliquid.
2 sources@lookonchain · Benzinga - Over the last week ending 2026-04-13
Trader's account balance fell from $1.23 million to $545,584.
1 sourceBenzinga - Current as of 2026-04-13
Position stands at 40,000 ETH with $109.9 million value and $188,503 unrealized profit; liquidation at $2,218.
1 sourceBenzinga
Potential Impact
- 01
Trader faces further balance reduction below $545,584 due to ongoing volatility.
- 02
Unrealized profit of $188,503 could be realized or erased based on ETH price movement.
- 03
Potential liquidation of $14.71 million position if ETH reaches $2,218.7.
Transparency Panel
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