A major whale’s PENGU short position liquidated, incurring a loss of $13.16 million

According to Foresight News, Onchain Lens monitoring has revealed that a certain whale's short position in PENGU (with 3x leverage) was liquidated, resulting in a loss of $13.16 million. The whale subsequently opened a new, smaller short position in PENGU with 2x leverage. Overall, this whale has incurred a total loss of $10.6 million.