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A whale deposited $23 million in USDC with HyperLiquid to avoid liquidation of its $249 million BTC short position
2025-10-04 04:46

According to Onchain Lens, a whale deposited $23 million in USDC into HyperLiquid over the past three days to prevent the liquidation of its $249 million BTC short position (20x leverage). Currently, the position has a paper loss of $21.5 million, but has received $7 million in funding fees.

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