May 23, 01:55
SOC Team
Whale lost a whopping $23.52M for betting against HYPE
Related addresses
Total tokens transferred
1.875M
HYPE
23.523M
USDC
Whale 0x20B, who shorted 1.875M HYPE ($57.14M) with 5x leverage, just finally closed their position, taking a $23.52M loss (-77%)!
Over the past 23 days, the whale deposited 30.5M USDC into Hyperliquid to maintain the short, but with HYPE’s recent rise (+83.6% over the past month), they were forced to close out. Now, only $6.98M remains in the whale's Hyperliquid account.
Fig 1. Whale 0x20B closed their HYPE short position just now.
Fig 2. Whale 0x20B's PnL information.
#hype
#close short
#loss
#massive
#hyperliquid