A whale continues to deposit funds into HyperLiquid to avoid liquidation of ETH short positions, currently with a floating loss of approximately $19.9 million.

According to Onchain Lens, a major whale has been continuously depositing funds into HyperLiquid to avoid liquidation of its $66.4 million ETH (20x leverage) short position. Over the past two days, the whale has deposited 9.5 million USDC, currently suffering a floating loss of approximately $19.9 million.