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A whale has transferred 23.46 million USDC to Hyperliquid in the past 27 hours, taking a 5x leverage short position on 1.875 million HYPE tokens.

2025-05-09 21:14

BlockBeats News, May 9th, according to on-chain analyst Embermonitor, a certain whale with the address 0x20b has withdrawn a total of 23.46 million USDC from Binance to Hyperliquid in the past 27 hours. Subsequently, they opened a short position with 5x leverage for 1.875 million HYPE, with a position value of 45.77 million US dollars. The entry price was $20.4, and the liquidation price is at $30. Currently, the loss has reached as high as $7.43 million (-32%).

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