New Wallet Opens $50.8M 20x ETH Short on HyperLiquid — 10,796 ETH at $4,718 Entry (Liquidation $5,086)

Binance 20% Trading Fee Rebate

COINOTAG News reported on September 13 that on-chain monitoring by Onchain Lens identified a newly created wallet depositing 5.1 million USDC into HyperLiquid and opening a 20x leveraged ETH short.

The disclosed position shows a size of 10,796 ETH with a notional exposure of $50.83 million, an entry price of $4,718.1 and a liquidation price of $5,086.8, per on-chain records.

Such concentrated, high-leverage activity is material to counterparties and risk managers; market participants should track on-chain metrics, collateralization levels and margin parameters to evaluate potential liquidation dynamics and platform risk.

‘,

🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!

‘,

💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!


];

var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();

Source: https://en.coinotag.com/breakingnews/new-wallet-opens-50-8m-20x-eth-short-on-hyperliquid-10796-eth-at-4718-entry-liquidation-5086/