Svmuu News According to Onchain Lens monitoring, over the past 10 hours, a whale deposited approximately $2 million USDC into HyperLiquid to prevent its ETH short position from being liquidated.
Currently, this address holds a 10x leveraged short position of about 15,217 ETH, with a position size of approximately $34 million. The current unrealized loss is around $3.288 million. Despite the position experiencing a drawdown, the address's overall trading remains profitable, with cumulative profits still exceeding $8.5 million.
Whale Uses 10x Leverage to Short Approximately $34 Million Worth of ETH, Deposits $2 Million to HyperLiquid to Avoid Liquidation
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Source:Odaily · Source Link
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