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00:18
The "1011 Insider Whale" deposited 20 million USDC into Hyperliquid to avoid liquidation, currently facing an unrealized loss of 83.4 million USD.
PANews, January 26 — According to Onchain Lens monitoring, as the market declined, the "insider whale who opened short positions after the 1011 flash crash" deposited 20 million USDC into Hyperliquid to avoid liquidation. This whale is facing an unrealized loss of 83.4 million USD, with funding rate costs reaching 8 million USD, and profits have dropped from 142.5 million USD to 9.7 million USD. Position details: 223,340.65 ETH (worth 631.85 million USD); 1,000 BTC (worth 86.99 million USD); 511,612.85 SOL (worth 61 million USD).
00:17
Bitcoin OG adds $20 million USDC to Hyperliquid to avoid liquidation, with total unrealized losses expanding to about $83.4 million
According to Odaily, as monitored by Onchain Lens, with the market downturn, Bitcoin OG (10/11) has deposited approximately 20 million USDC into Hyperliquid as additional margin to avoid liquidation of positions. Currently, the overall unrealized loss of this address has expanded to about 83.4 million USD, with a cumulative funding fee payment of around 8 million USD. The account profit has dropped sharply from a previous high of about 142.5 million USD to approximately 9.7 million USD. As of now, the main positions held are: ETH: 223,340.65 tokens, valued at approximately 632 million USD; BTC: 1,000 tokens, valued at approximately 86.99 million USD; SOL: 511,612.85 tokens, valued at approximately 61 million USD.
00:02
The current mainstream CEX and DEX funding rate display shows that the market is fully bearish, with negative ETH rates across all platforms
BlockBeats News, January 26th, according to Coinglass data, Bitcoin fell to the $86,000 level early this morning, temporarily trading at $86,683. Currently, mainstream CEX and DEX funding rates show that the market has turned completely bearish, with only the Bitcoin rate positive, while ETH funding rates on major platforms have all turned negative. Specific funding rates for mainstream coins are shown in the attached image. BlockBeats Note: Funding Rate is a fee set by cryptocurrency exchanges to maintain the balance between the contract price and the underlying asset price, usually applicable to perpetual contracts. It is a funding exchange mechanism between long and short traders, and the exchange does not charge this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price. When the Funding Rate is 0.01%, it represents the baseline rate. When the Funding Rate is greater than 0.01%, it indicates a generally bullish market. When the Funding Rate is less than 0.005%, it indicates a generally bearish market.
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