A certain whale has added 5.5 million USDC as collateral to prevent its $133 million Bitcoin short position from being liquidated

Odaily Planet Daily News: According to the on chain analysis platform Lookonchain (@ lookonchain), a giant whale with an address of 0x5D2F has lost over $10 million on its short position of 1135 bitcoins (approximately $133 million). To avoid liquidation, the whale deposited an additional 5.5 million USDC as collateral into the Hyperliquid protocol. After the addition of collateral, the new liquidation price for this position is $121080.