A trader opened a $16 million SOL short position on Hyperliquid, and the liquidation price was $172.96

Odaily News According to @lookonchain monitoring, a trader has just deposited 1.21 million USDC into Hyperliquid and started shorting SOL with 20x leverage at $164.9. The size of the position reached 97,500 SOL, worth about $16 million, and the liquidation price was $172.96.