Data: A giant whale shorted approximately 34 million USD worth of ETH with 10x leverage and added 2 million USD in margin to HyperLiquid to avoid liquidation

According to Onchain Lens monitoring, in the past 10 hours, a certain whale deposited approximately 2 million USDC into HyperLiquid to avoid having its ETH short position liquidated.

Currently, the address holds a short position of approximately 15,217 ETH with 10x leverage, with a position size of about 34 million dollars, and a current unrealized loss of about 3.288 million dollars. Despite the position experiencing a drawdown, the overall trading of the address remains profitable, with cumulative profits still exceeding 8.5 million dollars.