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Crypto DeFi

Hyperliquid Trader Shorts Nvidia at 10x, Bitcoin at 30x

A trader on Hyperliquid holds a 10x short position of 30,000 Nvidia perpetual contracts entered at an average price of $181.33, a notional value of about $5.37 million, with roughly $67,000 in unrealized profit and a liquidation price near $289. The same address then shorted 200 BTC at 30x leverage at an average entry of $75,303.60, a notional value of about $15 million; Eyeonchain tracked 100 BTC in that position. The address and the trader’s motive were not disclosed.

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