A whale address deposited 4 million U into HyperLiquid to restock its position to increase its 20 times ETH short order average price

According to BlockBeats, on September 13, according to Onchain Lens monitoring, in order to avoid being liquidated, the whale address starting at 0x8c5 deposited 4 million USDC into HyperLiquid to replenish its position, opening short with 20 times leverage to increase the liquidation price of its ETH short position. The whale still had an unrealized loss of $14 million, with a total loss of $26 million.