PANews reported on September 19 that according to Onchain Lens monitoring, a whale deposited 4 million USDC into HyperLiquid to avoid liquidation of its 20x BTC short position.

Over the past 15 days, the whale has deposited a total of 15 million USDC to prevent liquidation. Currently, the position faces a floating loss of $12.45 million, but has accumulated a total profit of $6.247 million through funding rates.