A Whale's 3x Leveraged Short Position on PENGU Liquidated, Resulting in a $13.16 Million Loss

BlockBeats News, July 22nd, according to Onchain Lens monitoring, a whale's position shorting PENGU with 3x leverage on Hyperliquid was liquidated, resulting in a loss of $13.16 million.

Subsequently, the whale reopened a small PENGU short position with 2x leverage. As of now, their total loss is $10.6 million.