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A certain whale deposited 3 million USDC into Hyperliquid and opened a 10x leveraged HYPE short position.
Mars Finance reports that, according to Onchain Lens monitoring, a whale deposited 3 million USDC into Hyperliquid to open a 10x leveraged HYPE short position. Currently, the position holds 226,310 HYPE tokens, with a value of approximately $9 million. The whale previously shorted HYPE, holding the position for up to 48 days, but ultimately incurred a loss of nearly $200,000 and closed the position.