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A certain whale shorted ETH at 25x leverage and closed the position one hour later, incurring a loss of $333,600.
On May 9th, according to Lookonchain monitoring, a Whale that deposited 3.36 million USDC to Hyperliquid 1 hour ago and shorted ETH at 25x has closed their position, incurring a loss of $333,600. This Whale had a total nominal position of 41,947 ETH (worth $92 million), with a liquidation price of $2,247.1.