Huo Xing Finance reports that on July 11, according to Onchain Lens monitoring, a whale deposited approximately $450,000 into Hyperliquid and, within one hour of CASHCAT’s listing on Hyperliquid, opened a 3x leveraged short position of 1.11 million CASHCAT tokens ($222,200) at an entry price of $0.195336, with a liquidation price of $0.531304, resulting in an unrealized loss of $4,400.
Whale shorts 1.11M CASHCAT on Hyperliquid with 3x leverage
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Summary
On-chain data shows a whale shorted 1.11 million CASHCAT on Hyperliquid with 3x leverage on July 11, using $450,000. The token opened at $0.195336, with a liquidation price of $0.531304, resulting in a $4,400 unrealized loss. On-chain analysis reveals the trade occurred within one hour of listing.
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