According to @EmberCN, a whale moved 3,000,000 USDC into Hyperliquid and built a 25x leveraged short totaling 18,260 ETH over the past 3 hours, with notional around USD 60.56 million (source: @EmberCN). According to @EmberCN, the position’s entry is USD 3,292, spot was USD 3,316 at the time reported, and the liquidation price is USD 3,380, only about USD 60 above spot (source: @EmberCN). According to @EmberCN, the account shows an unrealized loss of roughly USD 440,000, and the liquidation level is very close due to the high leverage (source: @EmberCN).