The giant whale that shorted HYPE 5X has closed its position, with a loss of over $23.5 million

According to Onchain Lens monitoring, a certain whale failed to short HYPE with 5-fold leverage, closed its position and recorded a loss of $23.52 million. In the past 23 days, the address has recharged a total of $30.5 million USDC to Hyperliquid for warehouse expansion and margin. Currently, the account only has $6.98 million left, indicating a significant setback.