On October 4, a Hyperliquid address closed a significant Ether (ETH) short position covering 7,456.49 ETH, valued at approximately $20.17 million, with an average entry price of about $2,705.17. Despite this closure, the address still holds another short position of 3,155.41 ETH, valued at around $8.54 million, with an average entry price near $2,706.62. This remaining short position currently shows an unrealized loss of about $1,200, as the ETH price stood at $2,706.45. This activity highlights ongoing trading strategies involving large ETH short positions in the market.
The Hyperliquid address closed a $20.17 million Ether short position on October 4. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 04, 2026 17:01 WIB: 41 of 50 major cryptocurrencies rose today. Notable movers include COTI with a 3.94% gain and XTZ up 3.70%.
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