#山寨币交易 A certain whale transferred 23.46 million USDC to Hyperliquid in the past 27 hours

Shorting HYPE with 5x leverage

According to a report by Jinse Finance, on-chain analyst Yu Jin monitored that a certain whale

0x20b withdrew a total of 23.46 million USDC from Binance in the past 27 hours and transferred it to Hyperliquid. Then, with 5x leverage,

it shorted 187.5 HYPE, with a position value of 45.77 million USD.

The average opening price was 20.4 USD, and the liquidation price is at 30 USD. Currently, the loss has reached 7.43 million USD (-32%).