A whale continues to inject capital to prevent ETH short positions from bursting, with floating losses reaching tens of millions of dollars.

On July 18, according to Onchain Lens, a whale continued to inject funds into the platform to avoid liquidation of its $ETH 20x leveraged short position on HyperLiquid. In the past 6 days, the whale has deposited $17.04 million $USDC, and the current short position is worth $56.76 million, with a floating loss of $10 million. [PANews]