Data: A certain whale opened a three-times short position on PENGU, with an unrealized loss of 10.74 million USD on the 17th

ChainCatcher news, according to on-chain analyst @ai_9684xtpa, the address 0x670…af6e0 opened a $18.42 million short position on PENGU with 3x leverage, at an opening price of $0.01609 and a liquidation price of $0.04028, currently facing an unrealized loss of $10.74 million.

This is the largest PENGU contract position by size on the current Hyperliquid platform, during which the price of PENGU rose from $0.01609 to $0.03879.