Deep Tide TechFlow News, on July 21, according to on-chain analyst Ai Yi (@ai_9684xtpa), a wallet with the address 0x670...af6e0 opened a short position with a value of 18.42 million dollars at 3x leverage on the Hyperliquid platform, which is facing liquidation risk.

The short position was opened on July 10 at a price of 0.01609 dollars, with a liquidation price of 0.04028 dollars. Currently, the price of PENGU has risen to 0.03879 dollars, and the short position has an unrealized loss of 10.74 million dollars.