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

CoinDeskAugust 20, 2026 at 5:40 AM

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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Original source: CoinDesk

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