The '1011 Insider Whale' deposited 20 million USDC into Hyperliquid to avoid liquidation, resulting in a floating loss of $83.4 million

According to Onchain Lens monitoring, due to market downturn, the "1011 Flash Crash Open Insider Whale" deposited 20 million USDC into Hyperliquid to avoid liquidation. The giant whale is currently facing a floating loss of $83.4 million, with a capital cost of $8 million and a profit of $9.7 million, down from $142.5 million. Its positions include 223340.65 ETH (worth 631.85 million US dollars), 1000 BTC (worth 86.99 million US dollars), and 511612.85 SOL (worth 61 million US dollars).