Hyperliquid Trader Fumbles $26M ETH Short Profit, Faces $716K Loss After Doubling Down

coindesk.com/markets/2025/07/10/hyperliquid-trader-fumbles-26m-eth-short-profit-faces-716k-loss-after-doubling-down

trader known only by their wallet address became the subject of on-chain attention after a massive short position flipped from deep unrealized profit to a loss in a matter of days.
According to data from Lookonchain, wallet address 0xCB92 opened a 50,000 ETH short position on…

This story appeared on coindesk.com, 2025-07-10 07:20:40.
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