Whales are short $ETH and $PUMP with high leverage on Hyperliquid
According to @EmberCN monitoring, a giant whale used 6.58 million $USDC on the @HyperliquidX and shorted 37,000 $ETH with 15 times leverage, with a total value of $110 million. The opening price is $2,969 and the liquidation price is $3,079.
Subsequently@OnchainLens another whale was detected depositing 8 million $USDC into Hyperliquid, and opened a 2x leveraged short position, which was shorted to $PUMP, which has been extremely popular recently.
In a short period of time, there have been successive large shorts, and the market sentiment has become obviously cautious.
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