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A whale took advantage of rumors surrounding Binance's financial difficulties to short it, and is now the largest short seller of BNB on the Hyperliquid platform.

On February 5th, according to HyperInsight monitoring, the whale starting with 0xf2e on Hyperliquid currently holds a short position of about 3.7 million USD in BNB, with an average price of 753 USD, an unrealized profit of about 310,000 USD (+42%), and a liquidation price of 902 USD. It is currently the largest short position for BNB on the platform.

This address transferred out about 1.12 million USD from a Binance wallet during the Binance FUD rumors on February 2nd and transferred it to the Hyperliquid platform. It then opened a short position with 5x leverage, marking its first trade on the platform.

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