#Whale adds to ETH short position, incurring $5.36 million in losses.#

Recently, a whale who shorted ETH with 50x leverage on the decentralized exchange platform Hyperliquid, added 5 million USDC to raise their average entry price after ETH price surged. However, this operation did not prevent their losses, and the whale is currently down $5.36 million with a liquidation price of $4,891.59. This means that if the ETH price continues to rise and breaks through $4,891.59, the whale's short position will be forcibly liquidated, and their losses will further expand. This event has attracted market attention, with many questioning whether the whale has enough funds to cope with potential huge losses. Some believe that the whale's operation is too risky and may lead to their eventual liquidation. Others believe that the whale may have other strategies, such as hedging operations through other trading platforms, to reduce risk. Currently, the whale's ultimate outcome remains unclear, and the market is closely watching the subsequent development of this event.