According to Ember Monitoring, the "Four Wins Out of Three Battles $ETH Whale" transferred 4.68M $USDC to Hyperliquid 3 hours ago, and then shorted 20,000 $ETH with 20x leverage, worth approximately $77.43M. The last time this address shorted 50,000 $ETH was in June, when the position had a maximum floating profit of $22.83M but was not closed. It wasn't until the beginning of July, when $ETH began to rise rapidly, that the whale closed its position near the cost line, ultimately losing approximately $710,000.00. [Foresight News]