A major ETH long position holder deposited 5 million USDC in margin after 19 days, possibly to avoid liquidation.

CoinFeed reported on March 22 that, according to on-chain analyst Ai Yi, 15 minutes ago, a whale that had accumulated 120,000 ETH long positions deposited 5 million USDC as margin into Hyperliquid after a 19-day hiatus. This may be to avoid liquidation. Currently, the whale holds a 15x leveraged long position of 120,000 ETH and a 20x leveraged long position of 700 BTC, with a total value of $298 million. The ETH position has a floating loss of $309,000, while the BTC position has a floating profit of $403,000.