Cryptocurrency trader Whale 0x218A is currently experiencing over $6.37 million in unrealized losses from his 10× leveraged short positions on Bitcoin (BTC) and Ethereum (ETH). In a strategic move to prevent liquidation, the trader has deposited $4.8 million in USDC into the Hyperliquid platform. This action highlights the volatility and risk associated with high-leverage trading in the crypto markets.
Whale 0x218A Faces $6.37M Loss, Deposits $4.8M USDC to Avoid Liquidation
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