Previously, the short ETH whale added $3.58 million USDC margin, and the liquidation price was $4006.2

By: odaily.com|2025/07/18 07:31:41

Odaily News According to Lookonchain monitoring, the Ethereum whale address 0x8c58 started shorting ETH 6 days ago, and currently has accumulated losses of more than $10.7 million. To avoid liquidation, the address has just deposited an additional $3.58 million in USDC on the Hyperliquid platform. The current liquidation price is $4006.2.

From South Korea and the OECD accelerating the implementation of crypto regulation and compliance frameworks, to the simultaneous development of TAO ETFs, privacy technologies, mining, and Bitcoin reserves, while security incidents and financial losses continue to rise, the crypto market has entered a new phase amid multiple challenges of "strong regulation + technological evolution + amplified risks."

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