According to Mars Finance, on-chain analysts have reported that a whale who has long 120,000 ETH long positions deposited 5 million USDC as margin into Hyperliquid after a 19-day hiatus, possibly to avoid liquidation. He currently holds a 15x leveraged long position of 120,000 ETH and a 20x leveraged long position of 700 BTC, with a total value of $298 million. His ETH position is currently showing a paper loss of $309,000, while his BTC position is showing a paper profit of $403,000.
A whale that has long ETH has deposited 5 million USDC as margin into Hyperliquid, possibly to avoid liquidation.
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