Summary
- Hyperliquid whale James Win announced that after posting his fundraising tweet, nearly $40,000 was collected in just 2 hours.
- James Win reported that $30,000 USDC of the raised funds was deposited into Hyperliquid as collateral.
- It was reported that the liquidation price for the 40x long Bitcoin (BTC) position was slightly lowered to $103,610.
On-chain analyst EmberCN reported on the 2nd (local time) via X (formerly Twitter) that "Hyperliquid whale James Win collected nearly $40,000 in donations in less than two hours after posting the fundraising tweet, and more addresses are still sending him money."
He continued, "James Win deposited $30,000 USDC of the funds raised into Hyperliquid as collateral and lowered the liquidation price for his 40x long Bitcoin (BTC) position slightly to $103,610."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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