A whale added 1.8 million USDC to short HYPE with 5x leverage, and the current floating loss is 1.24 million US dollars

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PANews
05-08
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PANews reported on May 8th that according to Spot On Chain, a crypto whale has once again injected $1.8 million USDC into the Hyperliquid platform, increasing its short position on the HYPE token. The whale has invested a total of $10.36 million within a week, establishing a 5x leverage position, currently valued at $29.1 million, with an unrealized loss of $1.24 million, and a liquidation price of $25.01.

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