Whale Takes Multi-Currency Short Positions on Hyperliquid and Lightner, Netting $1.4M Floating Pr...

A whale transferred $4.35 million USDC to Hyperliquid and opened a short position on LIT with 1x leverage, currently at a $200,000 floating loss. The same whale has multiple short positions on Lightner, including XMR, ASTER, MEET, HYPE, USELESS, and STBL, with leverage ranging from 3x to 10x and a combined floating profit of $1.6 million. Overall, this strategy yields a net floating profit of approximately $1.4 million across these leveraged positions.