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Event ends: August 9, 16:00 UTC
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Data: A trader closed a Long Position in ETH and then opened a 10x leverage short order, having previously lost 3.55 million dollars.
According to ChainCatcher news and monitoring by Lookonchain, the trader starting with 0xFa5D closed his Long Position on ETH today, incurring a loss of 3.55 million USD, and transferred all 15.66 million USDC out of Hyperliquid. However, 2 hours later, he chose to short ETH with 10x leverage.