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Whale heavily positions for shorting SOL and gets liquidated, losing over a million dollars.
According to Wu's report and monitoring by @EmberCN, a whale that was shorting SOL with high leverage on Hyperliquid actively closed 115,000 SOL short orders (approximately $20.13 million) when the price approached the liquidation level, resulting in a loss of up to $1.05 million (-86%). This operation occurred when the SOL price pumped to around $175, close to its liquidation price. Earlier, the whale had transferred 121,200 USDC to Hyperliquid and opened a short position of 100,000 SOL with 20x leverage (total value approximately $16.6 million), with an opening average price of $164.9 and a liquidation price of $172.6.