0xa2e Whale: Opens $39.64M ETH Short on Hyperliquid

0xa2e opened a fresh 23,000 ETH short at 20x leverage valued at $39.64M with liquidation at $1,832.43 on Hyperliquid.

The same Hyperliquid perpetuals ETH trader has already extracted $3.15M in realized gains from ETH long and short positions since June 10.

Price sits at $1,723.23 beneath the EMA50 at $1,726.18 while the EMA200 at $1,868.21 caps the broader bearish structure; RSI at 48.44 leaves room on both sides and MACD has printed a golden cross, yet the position remains inside the Bollinger band with upper resistance at $1,753.43, implying any bounce toward that level would still sit well below the whale’s liquidation before the next directional test.