A major crypto investor, known as the "1011 insider whale," has deposited $20 million USDC into Hyperliquid to prevent liquidation amid a market downturn. This move comes as the whale faces a substantial paper loss of $83.4 million. The investor's funding costs have reached $8 million, with profits plummeting from $142.5 million to $9.7 million. The whale's current positions include 223,340.65 ETH valued at $631.85 million, 1,000 BTC worth $86.99 million, and 511,612.85 SOL valued at $61 million. These positions were initially opened following the 1011 flash crash, and the investor is now managing significant losses as market conditions remain volatile.