A Smart Money Address Flipped ETH Longs to Shorts This Morning, Now Holding $3.86 Million in 25x Leveraged Shorts
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2025/07/06 02:29According to Jinse Finance, on-chain data shows that a smart money address switched its ETH long position to a short position on Hyperliquid earlier this morning. As of press time, this address currently holds a $3.86 million ETH short position with 25x leverage, with an entry price of $2,518. In addition, its only remaining long position is a 40x leveraged BTC long, valued at $6.94 million. This smart money address has accumulated $38.42 million in profits on Hyperliquid, with $664,000 in gains over the past week.
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