According to Ember Monitoring, the "Four Wins Out of Three Battles ETH Whale" transferred 4.68M USDC to Hyperliquid 3 hours ago, and then shorted 20,000 ETH with 20x leverage, worth approximately $77.43M. The last time this address shorted 50,000 ETH was in June, when the position had a maximum floating profit of $22.83M but was not closed. It wasn't until the beginning of July, when ETH began to rise rapidly, that the whale closed its position near the cost line, ultimately losing approximately $710,000.00. [Foresight News]