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A whale on Hyperliquid deposited 2.5 million USDC with a 50x leverage on Hyperliquid

A whale on Hyperliquid deposited 2.5 million USDC with a 50x leverage on Hyperliquid

Bitget2025/03/16 10:26

PANews reported on March 16th, according to Onchain Lens monitoring, a whale on Hyperliquid deposited 2.5 million USDC with a leverage of 50 times to increase its short position in BTC by 40 times. Currently, the number of its short positions is 4422.77 BTC, the entry price is $84,043 and the liquidation price is $85,596.

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A certain whale deposited $4 million USDC into HyperLiquid to avoid liquidation of their ETH short position, with total losses reaching $26 million.

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