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According to HyperInsight monitoring, a "super ETH bear" has been firmly shorting since $2,940 and has recently started to reduce their position. Currently, their unrealized profit has expanded to $8.34 million, and after gradually closing positions worth $89 million, the remaining position is now valued at $16.45 million.
This whale has accumulated over $80.9 million in profits from shorting ETH. Since 2024, they have been continuously shorting ETH on Hyperliquid, always using the highest leverage (previously 50x, now 25x).