Lookonchain|May 23, 2025 03:57
As HYPE surged, 0x20B1, a whale who shorted HYPE with 5x leverage, had to capitulate.
He closed all HYPE shorts 2 hrs ago and lost 23.5M.
Since Apr 29, he has deposited 30.5M USDC to Hyperliquid to short HYPE.
After closing out, only 6.98M left — a massive hit!
https://hyperdash.info/trader/0x20B141d3B74779D96B48b966807d719D5dfa08A6
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