"5 times leverage short 1.875 million HYPE whales" lost $12.06 million, and added a margin of $3 million 7 hours ago.

PANews reported on May 17 that according to on-chain analyst Ember Monitor, [the whale with 5 times leverage shorted 1.875 million HYPE] withdrew 3 million USDC from Binance 7 hours ago and transferred it to Hyperliquid to supplement the margin. The whale shorted its 1.875 million HYPE position (worth $50.4 million) at 5 times of leverage at $20.4, and currently has a floating loss of $12.06 million. After replenishing margin, its position liquidation price is currently $31.6.