A certain Whale increased its 5x leveraged short positions to a notional value exceeding $250 million.

According to BlockBeats news on May 14, OnchainLens monitored that a Whale shorting BTC, ETH, and SOL with 5x leverage has deposited 11 million USDC into HyperLiquid again to increase its short positions. Its total Margin has reached 62.4 million USDC, and the total notional value of all short positions now exceeds 250 million USD, changing from a profit of 6.8 million USD yesterday to a loss of 7.6 million USD today.

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