A whale used 3x leverage to short approximately $63.63 million worth of ETH, currently facing a floating loss of about $900,000

According to monitoring by crypto analyst EmberCN, a whale address recently transferred approximately 30 million USDC to Hyperliquid and opened a 3x leveraged ETH short position. The current short position is about 20,000 ETH, with a position value of approximately $63.63 million and an entry price around $3,136. Based on the latest price, the floating loss is about $900,000. Historical data shows that this address has completed about 70 trades over the past 3 months, with a win rate of approximately 83%, accumulating profits of about $20.95 million. The trading style is high-frequency, involving both long and short operations, with an average holding period of about 24 hours.