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A whale has shorted ETH 20x, with a floating loss of nearly $20 million, and is continuously adding to collateral.
BlockBeats News, August 10th, according to OnchainLens monitoring, a certain whale address has been continuously depositing funds into HyperLiquid to avoid the liquidation of its $66.4 million Ethereum 20x leveraged short position. In the past two days, the whale has deposited $9.5 million USDC, with a liquidation price of $4,885. The current total unrealized loss is $19.9 million.
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