Hyperliquid Ether (ETH) Short Shows $15.6 Million in Unrealized Gains

A 30,000 Ether (ETH) short on Hyperliquid showed $15.6 million in unrealized gains as of Nov. 15, ranking first among single-position Ether profits on the platform. The position opened Nov. 5 at $2,283.20 per coin with 20x leverage and had a notional value of about $52.89 million. The account's cumulative profit stood at $35.87 million. Roughly two weeks earlier, its Ether and Bitcoin (BTC) long positions had generated $17.777 million in combined gains. A separate 9,700-ETH short position was noted on Oct. 27. It used 25x leverage and had a take-profit order at $2,058.20.