On July 11, data from Yuji monitoring revealed a significant transaction involving a whale moving 3.25 million USDC to Hyperliquid. This capital injection was utilized to initiate a short position on 11,241 ETH with a substantial 25x leverage. The average entry price for this position was recorded at $2,935, reflecting a notional exposure of approximately $33.03 million. The liquidation threshold is set at $3,135, indicating the risk parameters for this leveraged trade. Such large-scale leveraged positions underscore the ongoing volatility and strategic positioning within the Ethereum market, highlighting the importance of monitoring whale activities for market sentiment and potential price movements.