A prominent crypto trader, known as the "$3M Deposit to Short" whale, has faced partial liquidation after opening new short positions in $PEPE and $HYPE with 10x leverage. The positions were affected by low margin requirements, leading to liquidation as the market moved upward. The whale's current holdings include 1,609.89 BTC valued at $144.76 million, 31,732.34 ETH worth $95.78 million, 2.55 billion PEPE at $13.22 million, 594,495 HYPE at $12.94 million, and 527.308 XMR valued at $270,000. The trader's profits have significantly decreased from over $24.8 million to $3.4 million due to these market movements.