On January 16 (UTC+8), according to Yu Jin monitoring, a whale transferred 3 million $USDC to Hyperliquid and shorted 18,260 $ETH (approximately $60.56 million) with 25x leverage within the past 3 hours.
Due to the high leverage, the liquidation price of this position is only $60 away from the current $ETH price: entry price at $3,292, current price at $3,316, liquidation price at $3,380, currently showing a floating loss of $440,000. (Source: Foresight News)[ME News]