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A whale has deposited 6 million USDC into Hyperliquid to avoid BTC short liquidation.
BlockBeats News, August 11th, according to LookIntoChain monitoring, a whale deposited 6 million USDC as collateral to Hyperliquid to avoid liquidation.
The address currently holds a short position of 1266.84 BTC, worth about $154 million, with a liquidation price of $127,780, resulting in a loss of approximately $12.5 million.
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