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A certain Whale Address opened a PENGU 3x short order, with unrealized losses of 10.74 million USD after 17 days.
According to BlockBeats news on July 21, on-chain analyst Ai Yi (@ai9684xtpa) monitored that address 0x670...af6e0 has entered a position with a value of 18.42 million USD for a 3x short order on PENGU, with an opening price of 0.01609 USD and a liquidation price of 0.04028 USD, currently facing unrealized losses of 10.74 million USD. This is the largest PENGU contract position by position size on the current Hyperliquid platform, during which the price of PENGU rose from 0.01609 USD to 0.03879 USD.