A whale has shorted ETH 20x, with a floating loss of nearly $20 million, and is continuously adding to collateral.

By: theblockbeats.news|2025/08/10 03:51:28

BlockBeats News, August 10th, according to OnchainLens monitoring, a certain whale address has been continuously depositing funds into HyperLiquid to avoid the liquidation of its $66.4 million Ethereum 20x leveraged short position. In the past two days, the whale has deposited $9.5 million USDC, with a liquidation price of $4,885. The current total unrealized loss is $19.9 million.


You may also like

WEEX 2025 Global Offline Events Hub

WEEX 2025 Global Offline Events Hub

From the vibrant streets of Hong Kong to the sunlit shores of Lisbon, 2025 marks a defining year for WEEX on the global stage.

WEEX|2025/08/12 11:59:13
News thumbnail

Ethereum Emerges as a Reserve Asset, Digital Oil, and TradFi’s Next Major Wager – Insights as of August 12, 2025

As we dive into the evolving world of cryptocurrencies on this August 12, 2025, Ethereum continues to capture…

crypto insight|2025/08/12 07:30:20
News thumbnail

Ethereum MEV Arbitrageurs Growing More Centralized, New Research Shows

Imagine a bustling digital marketplace where savvy traders spot tiny price gaps and swoop in for quick profits,…

crypto insight|2025/08/12 07:30:21
News thumbnail

SEC Greenlights Review of Truth Social’s Bitcoin and Ethereum ETF Filing on August 12, 2025

Imagine stepping into a world where your social media feed isn’t just about likes and shares, but also…

crypto insight|2025/08/12 07:30:21
News thumbnail

PayPal and Venmo Expand Crypto Options with Solana and Chainlink Transfers in 2025

As of August 12, 2025, the world of digital payments is buzzing with excitement. Imagine having the power…

crypto insight|2025/08/12 07:30:22
Share
copy

Gainers

Community
iconiconiconiconiconiconicon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com