Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds

Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds

The Hyperliquid wallet known as pension-usdt.eth was forced out of a 50,000 ETH short as ether surged, with five liquidation orders helping push the price higher during the unwind.

Original Source

Read the full article at Coindesk →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.