ETH short positions surge 110.18% in six days; BTC also sees net selling
Original headlineETH 매도 포지션 6일 새 110.18% 증가…BTC도 매도로 집계
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A wallet on Hyperliquid (address 0xecb63c...2b00) has opened short positions totaling $72.14 million—21,461.83 ETH and 301.13 BTC—tracked by market data platform Liquid247.xyz at 3:05 p.m. KST on the 1st, when ETH traded at $2,268.80 and BTC at $77,872. The ETH short carries a notional value of $48.69 million, while the BTC short stands at $23.45 million, with the ETH short position up 110.18% over six days. The same address previously held a long position of 265.5 BTC alongside a 10,210.95 ETH short as of October 26, indicating a significant shift in positioning. The move matters because large directional bets on perpetuals platforms like Hyperliquid can signal whale sentiment and influence liquidation cascades in thin liquidity conditions. Traders will be watching whether the wallet adds to its shorts, closes positions, or faces liquidation if ETH and BTC prices move against it.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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