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A giant whale position squaring HYPE empty order, loss of about 23.52 million dollars

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2025-05-23 03:35:50
According to on-chain analyst Onchain Lens, a giant whale position squaring HYPE 5 times short, losing about $23.52 million. Over the past 23 days, the whale deposited 30.50 million USDC into Hyperliquid to increase short positions and margin. Now, the whale has only $6.98 million left in his HyperLiquid account.
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