A whale closed a 20 fold leveraged ETH short position, resulting in a loss of $1.3 million

According to Onchain Lens monitoring, a whale closed a 20 fold leveraged ETH short position opened 4 hours ago, resulting in a loss of $1.3 million. It is reported that the whale had previously deposited 5 million USDC into Hyperliquid to open an Ethereum empty order, but suffered huge losses just a few hours later.