According to @EmberCN monitoring, a whale address holding a 5x leveraged short position of 1.875 million HYPE tokens withdrew 3 million USDC from Binance exchange 7 hours ago and transferred it to Hyperliquid as margin supplement. The short position's entry price was $20.4, with a total value of $50.4 million, currently experiencing an unrealized loss of $12.06 million. After margin supplement, the liquidation price of the position has been adjusted to $31.6.
The whale who previously short 1.875 million HYPE 5 times currently has a floating loss of $12.06 million
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