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TechFlow, September 19 — According to on-chain analyst Onchain Lens, a whale deposited $4 million in USDC into HyperLiquid to avoid liquidation of its 20x short Bitcoin position.
Within the past 15 days, this whale has deposited a total of $15 million in USDC to prevent liquidation. The whale is currently facing a floating loss of $12.45 million but has gained $6.247 million in funding rate profits.
According to on-chain analyst Onchain Lens, a whale deposited $4 million in USDC into HyperLiquid to avoid liquidation of its 20x short Bitcoin position. Over the past 15 days, this whale has cumulatively deposited $15 million in USDC to prevent liquidation. The whale is currently facing a floating loss of $12.45 million but has gained $6.247 million in funding rate profits.
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