Hyperliquid’s largest ETH short position, "pension-usdt.eth," incurs a loss of $11.1 million

According to monitoring by Hyperinsight, the top ETH short whale "pension-usdt.eth" on Hyperliquid is currently shorting 50,000 ETH with 3x full margin leverage, with a notional size of approximately $96.105 million. The average entry price is $1,700.06, and the position is showing an unrealized loss of $11.102 million (−39.2%). The liquidation price is approximately $2,176.25, which is about 13.2% from the current price.