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Post #64604 8
🚀 Large Ethereum Short Position Closed, Causing Brief Price Surge

On April 9, a significant Ethereum short position was closed on Hyperliquid, leading to a temporary price increase. According to BlockBeats, monitoring data from Hyperinsight revealed that the top four short addresses, including 0x4a2, closed their positions in a single transaction. This action resulted in a brief price surge at the 15-minute level. The closure involved 15,000 ETH, valued at approximately $32.94 million, with a closing price of $2,196 per ETH. The transaction recorded a profit of about $260,000.

#Ethereum #ShortPosition #PriceSurge #Hyperliquid #Hyperinsight #ETH #Crypto #BlockBeats #ETHPrice #Cryptocurrency #MarketMovement #Profit
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