Whale Adds $4M USDC to HyperLiquid, Managing $28M Floating Loss on BTC Short Position

Gate News bot message, a significant crypto whale has made an additional deposit of $4 million USDC into HyperLiquid platform to maintain their Bitcoin short position with 20x leverage.

This deposit follows a previous $23 million USDC deposit made over the past three days for the same $249 million BTC short position. The position currently faces a floating loss of approximately $28 million, while accumulating $7.2 million in funding.

Source: Onchain Lens

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BTC1.17%
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Jaber585vip
· 3h ago
Touch and hold a clip to pin it. Unpinned clips will be deleted after 1 hour.Welcome to Gboard clipboard, any text you copy will be saved here.
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MK_MEhEdIvip
· 8h ago
HODL Tight 💪
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