A certain Whale increased their position by 1.8 million USDC with 5x leverage shorting HYPE, currently having unrealized losses of 1.24 million USD.

PANews May 8 news, according to Spot On Chain, a crypto Whale has injected 1.8 million USDC into the Hyperliquid platform again, increasing its short Position on HYPE Token. The Whale has invested a total of 10.36 million in a week, establishing a 5x leveraged Position, currently valued at 29.1 million, with unrealized losses of 1.24 million, and a liquidation price of 25.01 USD.