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Home News A whale added $2 million in collateral to their ETH short position, facing a unrealized loss of over $3.2 million

A whale added $2 million in collateral to their ETH short position, facing a unrealized loss of over $3.2 million

A whale added $2 million in collateral to their ETH short position, facing a unrealized loss of over $3.2 million

BlockBeats News, March 16th, according to OnchainLens monitoring, in the past 10 hours, a whale with the address “0x218” deposited 2 million USDC into HyperLiquid to avoid liquidation of their ETH 10x leveraged short position.

The position size is 15,217 ETH, worth approximately $34 million, currently unrealized loss of $3.288 million. However, overall, the whale still has accumulated profits of over $8.5 million.

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