PANews reported on May 17 that according to the monitoring of on-chain analyst Yu Jin, [a whale who shorted 1.875 million HYPE with 5x leverage] withdrew 3 million USDC from Binance and transferred it to Hyperliquid to replenish margin 7 hours ago. The whale shorted 1.875 million HYPE positions (worth 50.4 million US dollars) with 5x leverage at a price of 20.4 US dollars, and currently has a floating loss of 12.06 million US dollars. After replenishing the margin, the liquidation price of its position is currently 31.6 US dollars.