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A Whale is shorting ETH at 15x, with an entry price of $2986.18.
On July 11, according to Onchain Lens monitoring, a certain Whale deposited 3.74 million USDC into HyperLiquid and opened short positions on ETH with 15x leverage, with a position value of 54.95 million USD and an entry average price of 2,986.18 USD.