PANews reported on August 11th that according to Lookonchain monitoring, whale 0x5D2F deposited $6 million in USDC with Hyperliquid to avoid liquidation of his BTC short position. His current holdingsPANews reported on August 11th that according to Lookonchain monitoring, whale 0x5D2F deposited $6 million in USDC with Hyperliquid to avoid liquidation of his BTC short position. His current holdings

A whale deposited 6 million USDC with Hyperliquid to avoid liquidation of his BTC short position, currently suffering a $12.5 million loss.

2025/08/11 12:39
1 min read
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PANews reported on August 11th that according to Lookonchain monitoring, whale 0x5D2F deposited $6 million in USDC with Hyperliquid to avoid liquidation of his BTC short position. His current holdings stand at 1,266.84 BTC ($154 million), with a liquidation price of $127,780, resulting in a current loss of $12.5 million.

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