Hyperliquid Whale Expands Ether Short Exposure to $27.75 Million Amid Price Decline

Large derivatives traders on Hyperliquid continue shifting Ether positions amid falling token prices. An address expanded its Ether short to 11,768.6 ETH, valued at $27.75 million with Ether trading at $2,357.60, as of the October 25 reading. This follows significant volatility in whale exposure, including an address nearly doubling a short to 18,121.87 ETH worth $43.64 million on October 22 from 9,093.17 ETH on October 20. Conversely, a long position of 8,841.65 ETH worth $20.97 million was recorded on October 24, following an earlier long of 12,575.41 ETH on October 15.