A certain whale has withdrawn 23.46 million USDC from Binance in the past 27 hours and transferred them to Hyperliquid, with 5x leverage to short HYPE

According to on chain analyst Yu Jin's monitoring, Whale 0x20b has withdrawn a total of 23.46 million USDCs from Binance and transferred them to Hyperliquid in the past 27 hours. Then, with a leverage of 5x, 187.5 HYPEs were liquidated, with a position value of 45.77 million US dollars. The average opening price is $20.4, and the liquidation price is $30. At present, the loss has reached 7.43 million US dollars (-32%).