high volume mako is gasping for air on a massive $26.47M bearish mandate as the $ETH relief rally refuses to stall. Position stats: Size: 14,000 ETH Short at $1,860 Unrealized loss: -$251,000 Margin Utilization: 101.8% With zero withdrawable cash and 9x leverage, high volume mako is effectively a passenger to the next candle on #Hyperliquid. This trader has churned a staggering $412M in volume over the last five days, yet currently finds the entire desk pinned to a single unhedged directional bet. The macro narrative points toward a choppy August and looming rate fears, but the market is making mako pay for the entry. A 17% push from here triggers a $2.2M terminal liquidation, ending the life of an account funded primarily by fresh deposits rather than trading edge. BTW: Trading like a volume-obsessed leviathan doesn't mean much if you have no dry powder left to defend your levels. 🦈💥 https://t.co/xUxTP4nGt2