A Whale Shorts ETH, WLFI, and XPL, with a Total Position Value Exceeding $50 Million

By: theblockbeats.news|2025/08/24 00:51:35

BlockBeats News, August 24th, according to LookIntoChain monitoring, a whale created a new wallet address (0x54D7) 2 hours ago and deposited 5.42 million USDC into Hyperliquid to short ETH, WLFI, and XPL.

Current short positions are as follows:

10,641 ETH, valued at $51.2 million;

396,711 WLFI, valued at $116,800;

53,793 XPL, valued at $29,300.

A trader has taken a 3x short position on WLFI, currently facing a unrealized loss of over $412,000.Guotai Junan: Expects the Federal Reserve to Cut Interest Rates by 25 Basis Points in September, with a Maximum of Two Rate Cuts for the Year

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