A major whale opened a $1.04 million XYZ100 short position on Hyperliquid, using 30x leverage.

GateNews

2026-03-11 08:29:24

Gate News, March 11 — According to Hyperinsight monitoring, during the last US stock market night session, a whale account starting with 0x980 on the Hyperliquid platform opened a short position on XYZ100 (a Nasdaq 100 index-mapped contract) with 30x leverage. The opening price was $25,053, with a liquidation price of $27,406, and the position size reached $1.04 million. Hyperliquid data shows that the current price of XYZ100 is $24,977, down 0.4% in the past 24 hours. Price volatility has narrowed over the past two days, with smaller fluctuations.

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