🔥🔥🔥 The whale lost $23.5M on a short position in $HYPE!

While $HYPE is flying up, wallet 0x20B1 closed its shorts with a leverage of x5, losing $23.5 million.

Since April 29, it deposited 30.5M USDC on Hyperliquid to short. Now only $6.98M is left — everything else has burned.

$HYPE withstood the pressure from a major player and may continue to grow. Liquidation is not a signal to short, but a reminder: the market does not forgive mistakes.

#hype $hype