Monitored by Woofun AI, the largest ETH short seller on Hyperliquid, identified as 'pension-usdt.eth,' has triggered a liquidation event, surrendering $5.9 million in unrealized gains following a sharp price rebound. This address, which previously established a massive short position of 60,000 ETH with 3x leverage, saw its position value reach approximately $107 million at an average entry price of $1810.

Concurrently, the entity executed profit-taking for the first time in the past half hour, closing around 2,135 ETH positions. The remaining short position currently holds a profit of $1.24 million, reflecting the ongoing volatility and strategic adjustments by major market participants on the Hyperliquid platform.