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Home News A certain contract whale has added 23 million USDT in collateral over the past 3 days to avoid liquidation, making their 20x BTC short position worth 249 million USD.

A certain contract whale has added 23 million USDT in collateral over the past 3 days to avoid liquidation, making their 20x BTC short position worth 249 million USD.

BlockBeats News, October 4th, according to Onchain Lens monitoring, during the market rebound, a whale deposited 23 million USDC into HyperLiquid in the past 3 days to avoid liquidation of its 2.49 billion US dollars’ worth of BTC short position (20x leverage). Currently, the position is unrealized loss of about 21.5 million US dollars, but has received 7 million US dollars in funding fees.

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