A major whale shorted ETH and deposited 17.04 million USDC into HyperLiquid within 6 days to avoid liquidation
According to Jinse Finance, on-chain analyst Onchain Lens (@OnchainLens) has monitored that a trader holds a $56.76 million Ethereum (ETH) short position with 20x leverage on the HyperLiquid platform. To avoid liquidation, the trader has deposited $17.04 million USDC over the past six days. Currently, this position is facing an unrealized loss of $10 million.
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.
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