{"id":73044,"date":"2026-05-25T13:07:46","date_gmt":"2026-05-25T13:07:46","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/trader-opens-100m-eth-short-at-23x-leverage-on-hyperliquid-with-liquidation-just-2-away\/"},"modified":"2026-05-25T13:07:46","modified_gmt":"2026-05-25T13:07:46","slug":"trader-opens-100m-eth-short-at-23x-leverage-on-hyperliquid-with-liquidation-just-2-away","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/trader-opens-100m-eth-short-at-23x-leverage-on-hyperliquid-with-liquidation-just-2-away\/","title":{"rendered":"Trader Opens $100M ETH Short at 23x Leverage on Hyperliquid With Liquidation Just 2% Away"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight:400\"><\/p>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Wallet 0x50b3 opened a $100.33M ETH short at 23x leverage on Hyperliquid.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The position liquidates if ETH reaches $2,149.84, less than 2% above the ~$2,109 entry price.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Hyperliquid processed over $176B in 30-day trading volume as nine-figure leveraged bets have also intensified over the same time period.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><\/span><\/p>\n<h2><span style=\"font-weight:400\">A Nine-Figure Bet Against Ether<\/span><\/h2>\n<p><span style=\"font-weight:400\">Wallet address 0x50b3 opened a 23x leveraged short on 47,604 ether ( <span>ETH<\/span>) at an implied entry price of approximately $2,109, putting $100.33 million in notional exposure on the line against ethereum\u2019s price. <\/span><span style=\"font-weight:400\">The <span>liquidation<\/span> price is set at $2,149.84, meaning the position faces a forced close if <span>ETH<\/span> rises just $41, a move of less than 2% from the entry point.<\/span><\/p>\n<p><span style=\"font-weight:400\">At 23x <span>leverage<\/span>, the trader\u2019s effective margin covers roughly 4.3% of the position size under standard exchange mechanics, and with ethereum trading near multi-month levels, the cushion is deliberately thin. It is a high-conviction, high-risk bet that <span>ETH<\/span> does not push higher from here.<\/span><\/p>\n<figure id=\"attachment_816944\" aria-describedby=\"caption-attachment-816944\" style=\"width:2378px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-816944\" class=\"wp-caption-text\">Wallet 0x50b3 opened a 23x leveraged short on 47,604 <span>ETH<\/span> ($100.33M), per Hypurrscan.io<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\">Large leveraged short positions have become quite recurrent on Hyperliquid, with a trader most <\/span><a href=\"https:\/\/news.bitcoin.com\/hyperliquid-trader-evaded-zec-hype-eth-long-25x-2026\/\"><span style=\"font-weight:400\">recently booking $7.5 million in profits<\/span><\/a><span style=\"font-weight:400\"> across ZEC and HYPE longs on the platform before opening a $38.6 million <span>ETH<\/span> long at 25x <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-leverage-in-crypto-trading\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">leverage<\/a>. <\/span><\/p>\n<p><span style=\"font-weight:400\">The pattern is part of a larger, overarching concentration of nine-figure leveraged activity on Hyperliquid, with the platform having already processed over $176 billion in 30-day <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">trading volume<\/a> (with open interest exceeding $8 billion heading into late May). <\/span><\/p>\n<p><span style=\"font-weight:400\">Not only that, its revenue for the past 12 months has crossed $896 million, and institutional players have increasingly used it for positions of this scale precisely because the onchain settlement removes counterparty risk.<\/span><\/p>\n<p><span style=\"font-weight:400\">Lastly, with Ether trading in the $2,050\u2013$2,150 range all through May, if the asset is able to push above $2,149.84 before the trader adds margin (or manually reduces the position), the <a href=\"http:\/\/www.bitcoin.com\/get-started\/understanding-liquidation-on-perp-dex\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">liquidation<\/a> will be automatic, thus adding the full 47,604 <a href=\"https:\/\/branch.wallet.bitcoin.com\/news-contextual-eth\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">ETH<\/a> back to available market supply in a single event. The identity of wallet 0x50b3 has not been established.<\/span><\/p>\n<p> <!-- --><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/eth-short-100m-23x-leverage-hyperliquid-may-2026\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Wallet 0x50b3 opened a $100.33M ETH short at 23x leverage on Hyperliquid. The position liquidates if ETH reaches $2,149.84, less than 2% above the ~$2,109 entry price. Hyperliquid processed over $176B in 30-day trading volume as nine-figure leveraged bets have also intensified over the same time [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":73045,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73044"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73044"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73044\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73045"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}