Two XPL short addresses collectively deposited 73 million USDC into Hyperliquid to avoid liquidation

By: theblockbeats.news|2025/08/27 10:11:42

BlockBeats News, August 27th, according to LookIntoChain monitoring, XPL short sellers are massively depositing USDC into Hyperliquid to avoid liquidation, including:

The address starting with 0x142a deposited $44 million, tripling its XPL short position and raising the liquidation price to $4.025

The address starting with 0x0Aa9 deposited $29 million, tripling its XPL short position and raising the liquidation price to $10.73

BTC and ETH Options with a notional value of $14.5 billion are set to expire this Friday, with BTC's max pain at $116,000 and ETH's max pain at $3,800.A whale address borrowed and purchased 132 WBTC in the last 20 minutes, accumulating 500 BTC within the day.

Two XPL short addresses collectively deposited 73 million USDC into Hyperliquid to avoid liquidation

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