Giant Whale Liquidation Warning!!!
According to on-chain monitoring, a major player heavily shorted HYPE on Hyperliquid, opening a 5x leverage short position, ultimately leading to a liquidation loss of up to 23.52 million USD!
🔹 Over the past 23 days, this whale has injected a total of 30.5 million USDC for additional shorting and margin calls;
🔹 Today, the account has only 6.98 million USD left, with a net loss of nearly 80%.
This is yet another lesson for overly confident short sellers from the market:
Strong coins rebound against the trend, and misjudging the trend comes at a heavy cost.
