[Data: A whale deposits 1 million USDC as margin to Hyperliquid, short the ETH/BTC exchange rate] According to Mars Finance, on-chain analyst Ai Yi (@ai_9684xtpa) recently monitored that address 0x89B…A7358 deposited 1 million USDC as margin to Hyperliquid 4 hours ago. Currently, this address holds a long of 218 Bitcoins (approximately $19.17 million) and a short position of 5,294.36 Ethereums (approximately $15.6 million), forming a bearish position on the ETH/BTC exchange rate. Data shows that the current ETH/BTC exchange rate is 0.03358, a drop of over 22% from its peak of 0.04328.
Data: A whale deposited an additional 1 million USDC as margin into Hyperliquid to short the ETH/BTC exchange rate.
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