A whale deposited 4.68 million USDC into HyperLiquid to short ETH with 20x leverage

July 28th, according to Onchain Lens monitoring, a whale deposited 4.68 million $USDC into HyperLiquid and opened a 20x leveraged $ETH short position.

In a previous $ETH short position, the whale had made a profit of over 20.00 million USD but did not close the position. Later, the whale lost 802,000.00 USD.