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A whale has deposited 6 million USDC into Hyperliquid to avoid BTC short liquidation.

2025.08.11 12:48:15

On August 11th, based on the monitoring of LookOnChain, a whale deposited 6 million USDC as collateral to Hyperliquid in order to avoid liquidation. The address currently holds a short position of 1266.84 BTC, which is worth about $154 million. The liquidation price is $127,780, resulting in a loss of approximately $12.5 million.
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