A whale shorted 300,000 HYPE contracts on Hyperliquid with 10x leverage, with a position valued at approximately $13.2 million.

CoinFeed reported on May 15th that, according to on-chain analyst Ai Yi, address 0x519…96a47 has shorted 300,000 HYPE tokens on Hyperliquid with 10x leverage, a position valued at approximately $13.2 million. The average opening price was $43.398, and the current unrealized loss is approximately $187,000. It was disclosed that this address deposited 8.825 million USDC into Hyperliquid as margin about an hour and a half ago, theoretically allowing it to further expand its position. Ai Yi also stated that this address has historically accumulated profits of approximately $5.965 million.