Gate News bot message, A cryptocurrency whale identified as “0x8c5” has deposited $4 million USDC into HyperLiquid to prevent liquidation of their ETH short position, which is leveraged at 20x.
The deposit was made to adjust the liquidation price of the position. Currently, the whale’s position carries an unrealized loss of $14 million, with total losses reaching $26 million.
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Whale '0x8c5' Deposits $4M USDC to Prevent ETH Short Position Liquidation
Gate News bot message, A cryptocurrency whale identified as “0x8c5” has deposited $4 million USDC into HyperLiquid to prevent liquidation of their ETH short position, which is leveraged at 20x.
The deposit was made to adjust the liquidation price of the position. Currently, the whale’s position carries an unrealized loss of $14 million, with total losses reaching $26 million.