A certain whale with 10x leverage has an unrealized loss of over $6.37 million from shorting BTC and ETH

BTC-0.67%
ETH-1.26%
USDC+0.01%
Odaily Planet Daily reports that according to Lookonchain monitoring, a certain whale (0x218A...7Da2) currently holds a 10x leveraged short position in BTC and ETH, with unrealized losses exceeding $6.37 million. To avoid liquidation, this address has deposited 4.8 million USDC into Hyperliquid.
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