Both sides are in a standoff! One side is the whale and the other side is the liquidation team!
BlockBeats news, on March 17, according to Hyperlnsight data, the 'Hyperliquid 50x whale' has again increased its margin by 5 million dollars just 1 minute ago, its 40x short position on BTC has turned from profit to loss, with a current floating loss of 2.14 million dollars, the nominal value of the current position is 381 million dollars, the opening price is 84,018.8 dollars, and the liquidation price has been raised from 85,504 to 86,593 dollars.
And the recent surge was triggered by @Cbb0fe and his newly formed 'liquidation team' attempting to liquidate the HL whale.
They initially had to reach 85,600 dollars to force the HL whale to liquidate, but after the whale noticed, he increased the collateral, raising it to 86,593 dollars!
