PANews reported on May 17 that according to the monitoring of on-chain analyst Yu Jin, [a whale who shorted 1.875 million HYPE with 5x leverage] withdrew 3 million USDC from Binance and transferred it to Hyperliquid to replenish margin 7 hours ago. The whale shorted 1.875 million HYPE positions (worth 50.4 million US dollars) with 5x leverage at a price of 20.4 US dollars, and currently has a floating loss of 12.06 million US dollars. After replenishing the margin, the liquidation price of its position is currently 31.6 US dollars.
The "whale who shorted 1.875 million HYPE with 5x leverage" had a floating loss of 12.06 million US dollars and had replenished a margin of 3 million USDC 7 hours ago
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Whale lxuan.eth deposited 2.04 million USDC to Hyperliquid and purchased 74,893 HYPE
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A new wallet withdrew 1.79 trillion PEPE from Binance, equivalent to about 22.35 million US dollars
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Data: USDC circulation decreased by about 800 million in the past 7 days