Ethereum short positions decreased 44.9% in 3 days
Original headline이더리움 매도 포지션 3일 새 44.9% 감소
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A single Hyperliquid address held a 11,825.63 ETH short position worth $27.14 million as of 3:05 p.m. KST on November 4, when ETH traded at $2,295.40, according to Liquid247.xyz data. That is 9,636.20 ETH, or 44.9%, smaller than the 21,461.83 ETH short recorded on November 1, when notional value stood at $48.69 million — a $21.55 million decline that reflects both the reduced size and price changes. The drop points to easing bearish conviction on Hyperliquid, the decentralized perpetuals venue where large single-address positions are publicly visible. Traders will watch whether the address keeps trimming the short or rebuilds it, and whether other large Hyperliquid accounts follow, as a signal on ETH sentiment.
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.
Named in this story
Ethereum (ETH), Hyperliquid (HYPE), Liquid247.xyz
A linked name opens that asset's sentiment page.