Whale 0x20B just deposited another 1.8M USDC into Hyperliquid, doubling down on a losing HYPE short:

• address: 0x20B141d3B74779D96B48b966807d719D5dfa08A6

In the past week, this whale has funneled $10.36M into a 5x leveraged position—now worth $29.1M—with a $1.24M unrealized loss and liquidation looming at $25.01.

Fig 1. Whale 0x20B transferred $10.36M into Hyperliquid to short HYPE with a 5x leverage over the past week.

Fig 2. Whale 0x20B's current HYPE short position.