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A certain whale added $2 million margin to its ETH short position, with unrealized losses exceeding $3.2 million
Mars Finance reports that on March 16, according to OnchainLens monitoring, a whale with the address “0x218” deposited 2 million USDC into HyperLiquid within the past 10 hours to avoid liquidation of their 10x leveraged ETH short position. The position size is 15,217 ETH, worth approximately $34 million, with an unrealized loss of $3.288 million. However, overall, the whale has still accumulated a profit of over $8.5 million.