Short selling 1.875 million HYPE whales with 5-fold leverage resulted in a floating loss of 12.06 million US dollars, with a margin of 3 million USDC added 7 hours ago According to on chain analyst Yu Jin's monitoring, [Whales short 1.875 million HYPE with 5-fold leverage] withdrew 3 million USDC from Binance 7 hours ago and transferred it to Hyperliquid to replenish margin. The whale shorted 1.875 million HYPE positions (worth $50.4 million) with 5 times leverage at a price of $20.4, and currently has a floating loss of $12.06 million. After supplementing the margin, the liquidation price of its position is currently $31.6.