A whale closed their 25x short position on ETH one hour later, losing $333,600

BlockBeats news, on May 9, according to Lookonchain monitoring, a whale that deposited 3.36 million USDC to Hyperliquid and shorted ETH at 25 times has closed their position, incurring a loss of $333,600.

The whale's total nominal short position was 41,947 ETH (worth $92 million), with a liquidation price of $2,247.1.