A certain whale deposited 23 million USDC into HyperLiquid within 3 days to avoid BTC short position liquidation.
Foresight News reported, according to Onchain Lens monitoring, during the market rebound, a certain whale deposited 23 million USDC into HyperLiquid over the past three days to avoid liquidation of its 249 million USD BTC short position (20x leverage). Currently, this position has an unrealized loss of about 21.5 million USD, but has already received 7 million USD in funding fees.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Barcelona Football Club criticized for signing a $22 million sponsorship deal with crypto company ZKP
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
Trending news
MoreCrypto prices
More
