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A major whale opened a $106 million short position in ETH, incurring a paper loss of over $110 million.

A major whale opened a $106 million short position in ETH, incurring a paper loss of over $110 million.

CointimeCointime2025/12/30 02:15

 on December 30th, according to on-chain analyst Ai Yi (@ai 9684xtpa) monitoring, the address 0x94d…33814 opened a large number of short positions on the Hyperliquid platform, including 36,281.29 ETH (worth $106 million, opening price $2,920.21), BTC short positions worth $48.18 million, and SOL short positions worth $13.43 million. The user has set take-profit ranges: BTC at $86,250-$86,800, ETH at $2,700-$2,900, and SOL at $121-$131.76.

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