Just spotted something interesting on chain - that infamous trader who went short right after the 1011 flash crash is now bleeding hard. Their long positions are sitting at $789M with nearly $74M in unrealized losses. This is literally the worst their account has looked since October last year. At one point yesterday morning when BTC dipped to $86k and ETH hit $2,787, they were down almost $90M. Pretty brutal. But here's the thing - they just threw $20M USDC into Hyperliquid as collateral nine hours ago to shore up their position. Trying to survive the current volatility I guess. Interesting to watch how this plays out given how exposed they still are.

BTC0.3%
ETH0.21%
USDC-0.01%
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