A Whale Contract Loses Over $40 Million in a Single Month, Becomes Hyperliquid's Biggest "Loser"

BlockBeats News, September 9th, according to lookonchain monitoring, Whale 0xa523 has lost over 40 million US dollars in less than a month, surpassing AguilaTrades, qwatio, and James Wynn, becoming the biggest loser on Hyperliquid. His loss list is as follows:

He previously sold 886,287 HYPE tokens at a loss (39.66 million US dollars). If he had held them until now, he would have had nearly 9 million US dollars in unrealized gains.

Subsequently, he lost over 35 million US dollars in an ETH long trade. He then switched to short ETH and lost another 614,000 US dollars.

Currently, he has lost another 2.33 million US dollars in a BTC long trade.