Got wiped on oil… and immediately doubled down somewhere else 😬 So, After getting fully liquidated on those #BrentOil and $CL longs (about $10.3M wiped, ~$1.14M loss), this whale didn’t step back… he jumped straight into a new trade.


Right now, he’s running a 20x isolated short on xyz:S&P500, with a position size of ~$4.23M. Entry is around $6,732.9, while the mark price has moved up to about $6,961.5, putting him deep in the red already.
He’s sitting on roughly -$139K unrealized loss, which translates to a brutal -224% ROE on this position. Liquidation is dangerously close at $6,993.7, meaning there’s barely any breathing room left.
Margin backing this trade is just ~$62K, which explains how quickly things are spiraling. Funding cost is slightly negative (~-$6.6K), adding more pressure.
Digging out, the account isn’t in great shape either---total account value ~$1.17M, while cumulative PnL on Hyperliquid is down around -$1.33M.
So yes… instead of cooling off after a big liquidation, he flipped into another high-leverage short—and it’s already going against him.
Address:👇
0x7d54a6772903c4f45f05c9b4e89f1dd2a0f52794
OUR VIEW: At this point it’s not recovery…it’s chasing losses in a different market.
HYPE-2.73%
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