🐳 Whale holding on to avoid liquidation
A whale just “pumped” 6 million USDC into Hyperliquid – not to buy more BTC, but to... buy time before being liquidated when the price of $BTC exceeds 122,000$ 🥶.
Currently, this whale is holding a SHORT of 1,266.84 BTC (~154 million $) with a liquidation price of 127,780$.
Current loss: -12.5 million $ 😬.
What do you think about this position?
