PANews reported on May 11 that according to Onchain Lens monitoring, a whale user deposited another $12 million USDC into the HyperLiquid account (the whale deposited 2 million USDC yesterday, and the total deposit is now $29 million), increasing short positions in ETH, SOL and BTC with 3x leverage. The value of all short positions now exceeds $68.9 million, with a floating loss of $3.32 million.