Data: A major ETH short whale has exited after a series of liquidations, nearly clearing a position of 31 million dollars

Due to a short-term surge of over 5% in ETH prices, the whale position starting with address 0xa5e4 on Hyperliquid was liquidated in a chain reaction, with the account balance dropping to only $170,000 at one point. The remaining funds have now been fully withdrawn.

The total loss from this liquidation exceeded $1.5 million, with a liquidation scale of nearly $30 million. This address had transferred approximately $1.7 million in principal to Hyperliquid just 18 hours ago, and then opened a short position in ETH at an average price of $1,940, with a peak position size reaching $31 million.