Hyperliquid's largest ETH short whale closes $20.47M position

The holder of the largest ETH short position on Hyperliquid (HYPE), an address identified as pension-usdt.eth, has closed out $20.47 million (11,700 ETH) of the position over two days to realize profits, Hyperinsight reported. The address had previously opened a 3x short position on 60,000 ETH, worth $107 million, at an average entry price of $1,810. The remaining position currently holds an unrealized profit of $3.18 million.