According to @EmberCN monitoring, a whale who was shorting SOL with high leverage on Hyperliquid actively closed 115,000 SOL short positions (approximately $20.13 million) near the liquidation price, with losses reaching $1.05 million (-86%). This operation occurred when SOL's price rose to around $175, close to its liquidation price. Earlier, the whale had transferred 121,200 USDC to Hyperliquid and opened a short position of 100,000 SOL (total value around $16.6 million) with 20x leverage, with an average entry price of $164.9 and a liquidation price of $172.6.
Whales short SOL and suffered a liquidation, losing more than one million US dollars
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