Data: A certain whale withdrew a total of 23.46 million USDC from CEX to Hyperliquid over nearly 27 hours, shorting HYPE with 5x leverage
According to ChainCatcher, monitored by on-chain analyst Ember, whale 0x20b has withdrawn a total of 23.46 million USDC from CEX and transferred it to Hyperliquid over the past 27 hours. Then, using 5x leverage, they shorted 187.5 HYPE, with a position value of 45.77 million USD.
The average opening price was 20.4 USD, with a liquidation price at 30 USD. Currently, the loss has reached as high as 7.43 million USD (-32%).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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