A major whale's BTC short position has incurred over $27 million in unrealized losses, and an additional 15 million USDC has been added to avoid liquidation.
Foresight News reported, according to monitoring by Lookonchain, a certain whale has an unrealized loss of over $27 million on its BTC short position. To avoid liquidation, the whale deposited an additional 15 million USDC into Hyperliquid, updating the liquidation price to $130,700.
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.
You may also like
Morgan Stanley: Recommends a "conservative" crypto allocation for certain portfolios
OCBC raises gold price forecast, expects it to surpass $4,000 by 2026
ETH swing trading profit reaches $93.74 million, whale liquidates last 10,000 ETH 5 hours ago
A whale withdrew $5.4 million worth of AAVE from an exchange and staked it.
