A whale closed a 20x leveraged ETH short position opened 4 hours ago, incurring a loss of $1.3 million

Odaily News According to Onchain Lens monitoring, a whale closed a 20x leveraged ETH short position opened 4 hours ago, incurring a loss of $1.3 million. It is reported that the whale previously deposited 5 million USDC into Hyperliquid to open an Ethereum short position, facing massive losses within just a few hours.