Whale uses 10x leverage to short approximately $34 million in ETH, adds $2 million margin to HyperLiquid to avoid liquidation

Odaily Planet Daily reports that, according to Onchain Lens monitoring, within the past 10 hours, a whale deposited approximately $2 million USDC into HyperLiquid to avoid liquidation of its ETH short position.

Currently, this address holds a short position with about 15,217 ETH at 10x leverage, with a position size of approximately $34 million, and an unrealized loss of about $3.288 million. Despite the drawdown, the overall trading activity of this address remains profitable, with total profits still exceeding $8.5 million.

ETH8,36%
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