On April 4, 2023, according to Lookonchain monitoring, a whale who shorted ETH on Hyperliquid with 50x leverage (total position value of 53.8 million USD) added 5 million USDC to raise the average entry price of its short position. Currently, this address has an unrealized loss of 5.36 million USD on this short position, with a liquidation price of 4,891.59 USD.