[Two Whales Face Losses Shorting CHIP During Price Surge, One Whale Incurs Over $1.7 Million in Unrealized Losses] According to Onchain Lens monitoring, as CHIP's price surged, whale '0x5C2' opened a 3x short position on CHIP within the past 24 hours, currently facing unrealized losses exceeding $1.7 million. Another whale, '0x0ee,' deposited 1.9 million USDC and made its first trade on CHIP: a long position that earned $323,000 in profit, followed by a short position that was partially liquidated, ultimately closing with losses exceeding $1.26 million.