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A contract whale adds $23 million in margin to avoid liquidation

A contract whale adds $23 million in margin to avoid liquidation

ChaincatcherChaincatcher2025/10/04 01:58
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According to ChainCatcher, during the market rebound, a certain whale deposited 23 million USDC into HyperLiquid over the past three days to avoid liquidation of their 249 million USD BTC short position (20x leverage). Currently, this position has an unrealized loss of about 21.5 million USD, but has already received 7 million USD in funding fees.

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