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A giant whale added 1.8 million USDC and 5 times leverage to short HYPE, and currently has a floating loss of US$1.24 million.

On May 8, according to Spot On Chain, a crypto giant whale once again injected US$1.8 million in USDC into the Hyperliquid platform, increasing its short position in HYPE tokens. The giant whale has invested a total of US$10.36 million in one week and established a 5-fold leveraged position. The current value is US$29.1 million, with a floating loss of US$1.24 million, and a liquidation price of US$25.01.

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