Crypto Whale Deposits $5M USDC to Avoid Liquidation on Massive ETH Short Amid Hyperliquid Drama
A major crypto trader is battling huge losses on a 20x leveraged ETH short position on Hyperliquid as Ethereum surges past $4,700, depositing millions in USDC to stay afloat – a cautionary tale for meme token enthusiasts eyeing high-risk trades.