A giant whale shorted 1.11 million CASHCATs on Hyperliquid, resulting in a loss of $4400

According to Onchain Lens monitoring, a giant whale deposited approximately $450000 into Hyperliquid and shorted 1.11 million CASHCATs ($222200) with triple leverage within one hour of the launch of Hyperliquid on CASHCAT. The opening price was $0.195336 and the liquidation price was $0.531304, resulting in a floating loss of $4400.