A contract whale added $23 million in margin to avoid liquidation

10-04 , 11:59 Share

 during the market rebound, a whale deposited 23 million USDC into HyperLiquid in the past 3 days to avoid the liquidation of its 249 million US dollars worth of BTC short position (20 times leverage). Currently, the position is floating at a loss of approximately 21.5 million US dollars, but has already received 7 million US dollars in funding fees.