Short selling HYPE Whale 5 times, closing position, resulting in a loss of up to $11.803 million within 7 days

Odaily Planet Daily News: According to Hypurrscan data, the previous 5-fold short selling of 1.875 million HYPE whales has been closed for $34.633 two hours ago. The address previously held a value of up to $17.363 million, with a remaining value of $6.985 million; Losses of up to 11.803 million US dollars within 7 days; The 24-hour loss amounted to 5.248 million US dollars. Previously, it was reported that a whale opened a position on Hyperliquid and shorted 1.875 million HYPEs by 5 times; On the 17th, its floating loss amount reached 12.06 million US dollars. Subsequently, it withdrew 3 million USDCs from Binance as margin, with a liquidation price of 31.6 US dollars.