On August 9, according to on-chain analyst Ai Yi (@ai_9684xtpa), the address "0x9cb...c06ce" that started shorting ENA with 5x leverage in late July has now incurred an unrealized loss of $2.288 million, with its ENA short position entry price at $0.5236 (current price $0.7328).
Additionally, this address has also shorted a basket of Ethereum ecosystem tokens including ETH / LDO / MKR / CRV, currently accumulating an unrealized loss of $2.84 million. To avoid liquidation, it has added $1.6 million in USDC margin to Hyperliquid.