PANews reported on May 9 that according to on-chain analyst Yu Jin’s monitoring, the whale 0x20b has withdrawn a total of 23.46 million USDC from Binance and transferred it to Hyperliquid in the past 27 hours. Then he opened a short position of 187.5 HYPE with a leverage of 5x, with a position value of 45.77 million US dollars.

The average opening price was $20.4, and the liquidation price was $30. The current loss has reached $7.43 million (-32%).