A whale shorted 1.11 million CASHCAT on Hyperliquid.

BlockBeats message, July 11, according to Onchain Lens monitoring, a whale deposited about $450k to Hyperliquid, and within one hour after CASHCAT went live on Hyperliquid, it shorted 1.11 million CASHCAT (at $222.2k) using 3x leverage. The opening price was $0.195336 and the liquidation price was $0.531304, with an unrealized loss of $4,400.
HYPE-3.08%
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