TechFlow news, May 17 — According to on-chain analyst EmberCN (@EmberCN), a whale address holding a 5x leveraged short position of 1.875 million HYPE tokens withdrew 3 million USDC from Binance 7 hours ago and transferred it to Hyperliquid as margin top-up.
The short position was opened at 20.4 USD per token, with a total value of 50.4 million USD. It is currently facing a floating loss of 12.06 million USD. After the margin top-up, the liquidation price of this position has been adjusted to 31.6 USD.





