An interesting and reasonable phenomenon After Hyperliquid launched the PUMP contract, most of the whales played with a "several million margin+1x leverage" strategy. In fact, it is highly likely that they are heading towards the public offering arbitrage on the 12th or making a short-term profit ——At present, three whales have cumulatively recharged 11 million USDC deposits, but only opened 2.394 million USD empty positions 🤣 Due to the lack of marked prices, HYPE is currently in a state of easy manipulation. If it is pulled to 0.015 at 11:30 this morning, the 1x leverage will also be forced to level even if the margin is insufficient Among them, addresses 0xAc7... D53ce are considered the bravest. With a margin of 4 million USDC, 2x short positions were opened, holding 1.074 million USD at an opening price of 0.00504 and a closing price of 0.02138 https://(((hypurrscan.io)))/address/0xAc72A4c8df0039b6A835673171F816f022aD53ce The other two 1x null addresses are as follows Position of 580000 US dollars: https://((hypurrscan. io))/address/0x58a800ab969E69481Dd8c952DABff14934F0fdce Position of $740000: https://((hypurrscan. io))/address/0x30bdF164cDB6F4Bc373A232942896D5bB49FB5a4