Whale's 10x Leveraged XPL Short Position Partially Liquidated, Loses $40,900

CoinFeed July 4 news, according to Onchain Lens monitoring, a whale '0xD12' holding a 10x leverage $XPL short position on Hyperliquid had a partial liquidation. Data shows the liquidation size was about 3.83 million $XPL (worth about $434,000), with an actual loss of about $40,900. After the partial position was forcibly closed, the trader still holds about 15.33 million $XPL short position (about $1.71 million), with an unrealized loss of about $145,300, and is approaching the liquidation price of the remaining position.