Despite multiple short positions being liquidated, a certain whale still deposited 7.81 million USDC into Hyperliquid to add to its short positions.

CoinFeed reported on March 17th that, according to Lookonchain monitoring, as the market rose, multiple short positions held by whale @0x58bro—including ENA, LTC, BNB, BTC, ETH, and HYPE—were liquidated. However, he continued to short against the trend, depositing 7.81 million USDC into Hyperliquid to increase his short positions in BTC and ETH. Despite this, he remained profitable overall, with total profits exceeding $32.8 million.