A certain address's HYPE long position unrealized profit has dropped to $27.59 million, with 8.3 million USDC deposited in the past two days

Odaily reports: According to Lookonchain monitoring, a certain address previously had an unrealized profit of $68.26 million but did not close the position; the unrealized profit has now dropped to $27.59 million and is nearing liquidation. Over the past two days, the address deposited 8.3 million USDC into Hyperliquid to avoid liquidation, with the new liquidation price at $58.47.