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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