According to Onchain Lens, the whale address pension-usdt.eth increased its ETH short on HyperLiquid to 20,000 ETH with 3x leverage, totaling about USD 63M notional, with an average entry of USD 3,136.55, a liquidation price of 4,545.72, and a current floating loss exceeding USD 300,000 (source: Onchain Lens; supporting wallet stats: CoinMarketMan HyperTracker). According to Onchain Lens, the whale deposited USD 30M USDC into HyperLiquid to open and continue scaling this 3x ETH short and had previously made over USD 21M, indicating ongoing active position management (source: Onchain Lens). According to Onchain Lens, based on the reported USD 63M notional and 20,000 ETH size, each 1% move in ETH changes PnL by roughly USD 630,000 and each USD 10 move by about USD 200,000, highlighting high PnL sensitivity relative to the reported liquidation level at 4,545.72 (source: Onchain Lens).