On January 4, LookIntoChain's monitoring showed that a whale shorting $ETH with 50x leverage on Hyperliquid added 5 million $USDC to his position (total position value reached $53.8 million) to increase the average entry price. Currently, this address is facing an unrealized loss of $5.36 million on this short position, with a liquidation price of $4,891.59.