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Large Ethereum Long Position on Hyperliquid Fully Liquidated
(2 hours ago) · 1 source · Summarized by CryptoBipto
A large trader on the decentralized exchange Hyperliquid had a 56,667-ETH long position fully liquidated. The liquidation represents a significant forced closure of a leveraged bet that the price of Ethereum would rise.
WHY IT MATTERS
In crypto trading, some platforms let you borrow money to make bigger bets — this is called leverage.
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SOURCES
- thedefiant.io
RELATED
ETHLiquidationDeFiLeveraged TradingHyperliquid
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