PANews reported on January 31 that, according to Lookonchain monitoring, due to the drop in ETH price, a whale recently deposited 2 million USDC into HyperliquidPANews reported on January 31 that, according to Lookonchain monitoring, due to the drop in ETH price, a whale recently deposited 2 million USDC into Hyperliquid
A whale deposited 2 million USDC into Hyperliquid to prevent its ETH long positions from being liquidated.
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News Brief
According to PANews on January 31, monitoring data from Lookonchain revealed that a major whale injected 2 million USDC into Hyperliquid, apparently attempting to avoid liquidation amid ETH's recent price decline. The whale currently holds 20,000.00 ETH worth approximately $50.82 million. Notably, should ETH drop to $1,994.24, this position faces complete liquidation—a precarious threshold that underscores the high-stakes nature of leveraged crypto trading.
PANews reported on January 31 that, according to Lookonchain monitoring, due to the drop in ETH price, a whale recently deposited 2 million USDC into Hyperliquid to avoid being liquidated. The whale currently holds 20,000 ETH, worth $50.82 million, with a liquidation price of $1,994.24.
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