Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds

NewsThu, 20 Aug 2026 05:40:54 UTC1 hour ago
Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds
The Hyperliquid wallet known as pension-usdt.eth was forced out of a 50,000 ETH short as ether surged, with five liquidation orders helping push the price higher during the unwind.
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