A whale has opened a short position on 6,914 ETH with 25x leverage, with a position value of $12.43 million and an unrealized loss of $50,700

Odaily reports that a whale deposited approximately $500,000 into Hyperliquid and opened a short position of 6,914 ETH with 25x leverage. The position is valued at $12.43 million, with an entry price of $1,790.36 and a liquidation price of $1,825.58. The current unrealized loss is approximately $50,700, with the price just 1.55% away from the liquidation price.