Short-selling firm Fasanara Capital added $7.8 million to its margin account, facing a massive position loss of $8.6 million.

BlockBeats News, August 31st, according to TradingBeats (formerly Hyperinsight), Fasanara Capital made four transfers to the Hyperliquid account this morning totaling approximately $7.8 million to replenish margin for existing positions; during the first deposit, its largest ETH short position was worth around $73.283 million, resulting in a substantial loss of about $10.575 million.

As of the time of writing, the whale's total nominal holdings are approximately $177 million, all in short positions, with an overall floating loss of about $8.6647 million. The ETH short position consists of 29,494.8672 ETH, worth around $71.924 million, with a floating loss of about $9.1068 million and a liquidation price of around $3,854.2.

The on-chain Perp and address analysis tool TradingBeats is now live, supporting real-time viewing of Hyperliquid data, tracing addresses, whale operations, and in-depth analysis, leaving nothing hidden.