I think something is being cooked here
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Binance News
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0xf82 Address Adds $3.5 Million Margin to Increase BTC, ETH, and HYPE Shorts
A wallet address starting with 0xf82 added $3.5 million in margin and increased short positions in BTC, ETH, and HYPE, according to monitoring data.
According to Foresight News, the address now holds total short positions worth $89.57 million, including $41.50 million in BTC, $32.41 million in ETH, $13.12 million in HYPE, and $2.53 million in PAXG.
The positions show an unrealized loss of $1.27 million. The address’s BTC short position has become the second-largest short position on the Hyperliquid platform.
According to Foresight News, the address now holds total short positions worth $89.57 million, including $41.50 million in BTC, $32.41 million in ETH, $13.12 million in HYPE, and $2.53 million in PAXG.
The positions show an unrealized loss of $1.27 million. The address’s BTC short position has become the second-largest short position on the Hyperliquid platform.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.