According to Odaily Planet Daily, according to Lookonchain monitoring, a whale named @qwatio created a new wallet (0x9018) and deposited 4.22 million USDC into Hyperliquid. The gambler shorted 1,366.67 BTC (worth $150 million) with 40x leverage and 2.78 million XRP (worth $7.7 million) with 20x leverage, resulting in losses exceeding $1.2 million.

BTC liquidation price: $110,280

XRP liquidation price: $3.0665.