Approximately 8.3 million USDC was deposited into HYPE long positions over the past two days, with a liquidation price of $58.47.

TechFlow reported on Nov 15 that, according to Lookonchain monitoring, a HYPE long transferred approximately 8.3 million USDC to Hyperliquid over the past two days to avoid having their position liquidated.

The accompanying image shows that this address holds a 5x cross-margin long position of approximately 1.38 million HYPE tokens, with a position value of about $90.32 million, an entry price of $38.68, and a liquidation price of $58.47.