A whale added 1.8 million USDC to short HYPE with 5x leverage, and the current floating loss is 1.24 million US dollars

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According to Spot On Chain monitoring, a whale just deposited 1.8 million USDC into Hyperliquid, adding to the existing short position on HYPE that is currently at a loss. Over the past week, this whale has invested $10.36 million into a 5x leveraged short position on HYPE, facing an unrealized loss of $1.24 million.

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