According to Wu, Lookonchain monitoring has revealed that in the past 12 hours, the whale address 0xa523 sold 886,287 HYPE (approximately 39.66 million USD) and 1.63 million Fartcoin (approximately 1.27 million USD) to long ETH. He opened a long position with 15x leverage, totaling 51,691 ETH (approximately 228 million USD), and currently has an unrealized loss of over 10 million USD, with a liquidation price of 4,076.1 USD.