Data: "$230 million funding opened long positions on giant whales" has been liquidated, and currently still holds $4.8 billion in assets

According to on-chain analyst Yu Jin's monitoring, a whale that held a massive long position for nearly two months was completely liquidated at 2:43 AM today when ETH dropped to $2.2k. This whale lost all of the 230 million USDC it transferred to Hyperliquid to open positions at the beginning of December due to this long position liquidation.

The whale also holds assets worth $4.8 billion (901,000 ETH + 33,000 BTC).