To avoid liquidation, whale 0x8c58 deposited another 8.6M $USDC into #Hyperliquid over the past 24 hours.

He shorted $ETH at ~$2,969 on July 12, but as $ETH kept climbing, he kept adding margin to avoid liquidation.

Total loss: $20M

New liquidation price: $4,885.3

https://x.com/lookonchain/status/1946107226063782151

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