A Whale Adds $4 Million USDC to Avoid Liquidation of Its BTC Short Position

BlockBeats News, September 19th, according to Onchain Lens monitoring, a whale deposited $4 million USDC into HyperLiquid to avoid liquidation of its 20x BTC short position.

Over the past 15 days, the whale has deposited a total of $15 million USDC to prevent liquidation. Currently, the whale faces a $12.45 million unrealized loss, but has made a $6.247 million profit through funding rates.