A whale deposited 4.997 million USDC worth of value into HyperLiquid to avoid liquidation of its ZEC short position

BlockBeats News, May 6th, a whale deposited 4.997 million USDC worth of Hyperliquid to avoid liquidation of its ZEC short position. The whale currently holds a short position of 18,286 ZEC with 10x leverage, facing a unrealized loss of over $2.36 million, with a new liquidation price of $855.34.

In addition, the whale also holds a short position of 61.69 BTC with 21x leverage.