A whale shorted approximately $63.63 million worth of ETH using 3x leverage, and is currently experiencing a floating loss of approximately $900,000.

According to crypto analyst EmberCN, a whale address recently transferred approximately 30 million USDC to Hyperliquid and established a short position in ETH with 3x leverage. The current short position is approximately 20,000 ETH, worth about $63.63 million, with an opening price of approximately $3,136. Based on the latest price, the unrealized loss is approximately $900,000. Historical data shows that this address completed approximately 70 trades in the past three months, with a win rate of approximately 83%, accumulating profits of approximately $20.95 million. The trading style is high-frequency, involving both long and short positions, with an average holding time of approximately 24 hours.