A Whale deposited 1.21 million USDC into Hyperliquid and shorted SOL 20 times.

On May 9th, according to Lookonchain monitoring, someone just deposited 1.21 million USDC into Hyperliquid and opened a 20x short position on SOL at a price of $164.9. The address currently has holdings of 97,500 SOL (16 million USD), with a liquidation price of $172.96.

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