According to Lookonchain, wallet 0xbfaa opened a 3x leveraged short on 5.3M WLFI worth $1.53M and is already down over $412,000 (source: Lookonchain on X, Aug 24, 2025). According to Lookonchain, the figures imply roughly a 27% drawdown and an average position value near $0.289 per WLFI based on those reported numbers (source: Lookonchain on X, Aug 24, 2025).