Whale 0x5b5, who shorted BTC, ETH, and SOL with 5x leverage, deposited an additional 11.9M USDC into Hyperliquid over the past 5 hours to scale up short positions:

• address: 0x5b5d51203a0f9079f8aeb098a6523a13f298c060

This brings the whale's total deposits into Hyperliquid to $62.4M, and the overall value of all shorts now exceeds $255M:

1. BTC short (5x, $116.4M): Entry price: $103,665.3 | Liquidation price: $147,710;
2. ETH short (5x, $69.1M): Entry price: $2,522.25 | Liquidation price: $4,606.8;
3. SOL short (5x, $70.2M): Entry price: $175.14 | Liquidation price: $310.91.

However, as Ethereum surged over $2,700, the whale has seen its $3.87M profit turn into an $8.24M loss.

Fig 1. Whale 0x5b5 recently deposited an additional 11.9M USDC into Hyperliquid to expand short positions.

Fig 2. Whale 0x5b5's current short positions.