Whale Address Deposits $5.5M USDC to Hyperliquid, Boosting 10x Leveraged Ethereum Short to $68M

A whale address (0x218A...) deposited $5.5M USDC into Hyperliquid on Jan. 3 to add margin for its 10x leveraged short position on Ethereum, Onchain Lens data show. The short now totals $68M, consisting of 21,820.69 ETH with a liquidation price of $3,565.94.