A Whale is nearing liquidation of a 25x shorting position on ETH, with a position value of 40.7 million USD.

On July 16, according to Lookonchain monitoring, the whale "0x9626" shorted ETH with 25x leverage on Hyperliquid and is currently close to liquidation. The whale has partially closed positions and still holds a short order position of 12,500 ETH, worth 40.7 million USD. The current loss is over 2 million USD, with a liquidation price of 3,279.57 USD.

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