Ethereum Surges Above $4,700, a certain short-selling whale adds $5.22 million to collateral, now facing a $14 million unrealized loss

BlockBeats News, August 23rd, according to Onchain Lens monitoring, as Ethereum surged above $4700, a 20x short whale deposited 5.22 million USDC into Hyperliquid to avoid liquidation.

Currently, their unrealized loss is $14 million, with an overall loss of $26 million.