Ethereum Whale Faces $10.7M Loss, Deposits $3.58M USDC to Avoid Liquidation on Hyperliquid
2025-07-18 07:26:09
Main Idea
An Ethereum whale faced a $10.7M unrealized loss on a short position and deposited $3.58M USDC to avoid liquidation.
Key Points
1. A whale address (0x8c58) opened a short position on Ethereum via Hyperliquid six days prior to July 18.
2. The short position resulted in an unrealized loss exceeding $10.7 million.
3. The whale deposited 3.58 million USDC into their Hyperliquid account to adjust the liquidation threshold to $4,006.2.
Description
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$USDC
$0.9989
+0.01%
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$3604.86
+5.24%
$HYPE
$45.633
-1.88%
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