As HYPE surged, 0x20B1, a whale who shorted HYPE with 5x leverage, had to capitulate. He closed all HYPE shorts 2 hrs ago and lost 23.5M. Since Apr 29, he has deposited 30.5M USDC to Hyperliquid to short HYPE. After closing out, only 6.98M left — a massive hit! https://hyperdash.info/trader/0x20B141d3B74779D96B48b966807d719D5dfa08A6