A whale withdrew 23.46 million USDC from Binance in the past 27 hours and transferred it to Hyperliquid, shorting HYPE with 5x leverage

Odaily News According to monitoring by Ember, a whale has withdrawn a total of 23.46 million USDC from Binance and transferred them to Hyperliquid in the past 27 hours. Then he opened a short position of 187.5 HYPE with a leverage of 5x, with a position value of 45.77 million US dollars.
The average opening price was $20.4, and the liquidation price was $30. The current loss has reached $7.43 million (-32%).