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

ETH Holders Might Need More Patience for Fresh All-Time Highs
As of today, August 15, 2025, many Ether enthusiasts are eagerly watching the charts, hoping for a breakthrough…

DOJ Indicts Four North Koreans for $1 Million Crypto Heist from Blockchain Firm on August 15, 2025
As of today, August 15, 2025, the crypto market shows Bitcoin trading at $58,320 with a 0.85% gain,…

US Senate Approves Trump’s Budget Bill, Skipping Key Crypto Tax Reforms on August 15, 2025
As of today, August 15, 2025, the landscape of cryptocurrency regulation in the United States continues to evolve,…

US Treasury Secretary Bessent Clarifies: Bitcoin Purchases for Strategic Reserve Still on the Table as of August 15, 2025
In a surprising twist that has the crypto world buzzing, US Treasury Secretary Scott Bessent has walked back…

Bitcoin Faces Resistance at $125K, Signaling Potential Consolidation Before Surge to $140K
As of today, August 14, 2025, the cryptocurrency market is buzzing with activity, and Bitcoin is at the…
Gainers
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com