PANews reported on March 30 that according to monitoring by on-chain analyst @ai_9684xtpa, the leader of the "Whale Hunting Team" KOL @Cbb0fe opened a 10x ETH long order on Hyperliquid, with a total position of US$2.11 million but a floating loss of US$1.035 million. The opening price was US$2,730 and the liquidation price was US$1,167.8.

Earlier news said that the crypto community launched a "whale hunting operation" against the "Hyperliquid 50x whale".