According to ChainCatcher news, monitored by Onchain Lens, the whale 0xb83d deposited 12 million USD in USDC into HyperLiquid (a total of 29 million USD deposited) to increase short positions with 3x leverage on ETH, SOL, and BTC.
Currently, its total short positions exceed 68.9 million USD, with an unrealized loss of 3.32 million USD.
