An address shorted approximately $93.00M USD worth of ETH with 20x leverage, with a liquidation price of $3,801.00 USD.

According to OnchainLens monitoring, an address once again deposited 4.68M $USDC into Hyperliquid and opened an $ETH short order with 20x leverage. The short position size reached $93.60M, with an opening price of $3,620.00 and a liquidation price of $3,801.00. It is reported that it previously held an $ETH short order with a floating profit of over $20.00M, but ultimately did not close the position to take profit. Instead, it left the market with a loss of $802,000.00.