A certain whale engaged in 5x short leverage on HYPE, suffering a realized loss of $18.88 million, with a liquidation price of $32.67.

BlockBeats News, May 22nd, according to OnchainLens monitoring, a whale deposited 2.05 million USDC into HyperLiquid to add collateral for its 5x leveraged short position on HYPE. The whale is currently at a unrealized loss of $18.88 million, with a liquidation price of $32.67 and HYPE's current price at $30.4.