According to TechFlow, on June 5th, the on-chain analysis platform Lookonchain (@lookonchain) monitored that trader James Wynn (@JamesWynnReal) timely deposited approximately 74,000 USDC into Hyperliquid before the Bitcoin price dropped, lowering his liquidation price to 103,859 USD, successfully avoiding liquidation risk.
During this decline, the Bitcoin price on the Hyperliquid platform dropped to a low of 103,899 USD, only 40 USD higher than his liquidation price.
According to TechFlow, on June 5th, the on-chain analysis platform Lookonchain (@lookonchain) monitored that trader James Wynn (@JamesWynnReal) timely deposited approximately 74,000 USDC into Hyperliquid before the Bitcoin price dropped, lowering his liquidation price to 103,859 USD, successfully avoiding liquidation risk.
During this decline, the Bitcoin price on the Hyperliquid platform dropped to a low of 103,899 USD, only 40 USD higher than his liquidation price.