A contract whale adds $23 million in margin to avoid liquidation
According to ChainCatcher, during the market rebound, a certain whale deposited 23 million USDC into HyperLiquid over the past three days to avoid liquidation of their 249 million USD BTC short position (20x leverage). Currently, this position has an unrealized loss of about 21.5 million USD, but has already received 7 million USD in funding fees.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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