A whale has shorted 11,241 ETH with 25x leverage, with a notional value of $33.03 million.

On July 11th, according to Ashes Monitoring, a whale transferred 3.25 million $USDC to Hyperliquid 2 hours ago, using an average price of $2935 to short 11,241 $ETH with 25x leverage, with a notional value of $33.03 million, opening price at $2935, and liquidation price at $3135. [BlockBeats]