Whale Adds $2M Margin to Avoid ETH Short Liquidation on HyperLiquid

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Whale activity on HyperLiquid showed a major address adding $2 million in USDC to prevent liquidation of a 10x ETH short position. The $34 million position, holding 15,217 ETH, has a $3.29 million floating loss but remains profitable with gains exceeding $8.5 million. The move demonstrates a calculated risk-to-reward strategy as the whale continues to manage exposure amid ETH volatility.

Odaily Planet Daily reports, according to Onchain Lens monitoring, over the past 10 hours, a large whale deposited approximately $2 million in USDC into HyperLiquid to prevent the liquidation of its ETH short position.

This address currently holds a 10x leveraged short position on approximately 15,217 ETH, with a position size of about $34 million and an unrealized loss of approximately $3.288 million. Despite the recent drawdown, the address remains overall profitable, with cumulative profits still exceeding $8.5 million.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.