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Details: ht
A certain Whale shorting BTC and XRP caused losses exceeding $1.2 million.
Odaily News According to monitoring by Lookonchain, Whale @qwatio created a new Wallet (0 x 9018) and deposited 4.22 million USDC to Hyperliquid. The gambler shorted 1,366.67 BTC (worth 150 million USD) with 40x leverage and shorted 2.78 million XRP (worth 7.7 million USD) with 20x leverage, resulting in a loss of over 1.2 million USD. BTC liquidation price: 110,280 USD; XRP liquidation price: 3.0665 USD.