Bitcoin OG added $20 million USDC to Hyperliquid to avoid liquidation, with overall unrealized losses expanding to approximately $83.4 million.

GateNews
BTC-2,2%
ETH-3,48%
SOL-4,71%

Odaily Planet Daily reported that according to Onchain Lens monitoring, as the market declined, Bitcoin OG (10/11) deposited approximately 20 million USDC into Hyperliquid as margin collateral to avoid liquidation.

Currently, the overall unrealized loss of this address has expanded to about 83.4 million USD, with a total of approximately 8 million USD paid in funding fees. The on-paper profit has dropped sharply from the previous high of about 142.5 million USD to approximately 9.7 million USD.

As of now, its main holdings are:

ETH: 223,340.65 coins, worth about 632 million USD;

BTC: 1,000 coins, worth about 86.99 million USD;

SOL: 511,612.85 coins, worth about 61 million USD.

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