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An ETH short trader on the Hyperliquid platform has lost $1.2 million

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a trader on the Hyperliquid platform opened a short position for ETH with a leverage of 50x, and is currently experiencing a loss of 1.2 million US dollars. The opening price for this short position was 3429.45 US dollars, and if the ETH price reaches 4843.9 US dollars, the position will be forcibly closed.

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