BIT-Associated Address Deposits $5.84M USDC to Avoid ETH Liquidation on June 5

USDC-0.06%
ETH-11.31%
According to BlockBeats, on June 5, a BIT-associated whale address deposited $5.84 million in USDC as margin to prevent liquidation of its 120,000 ETH long position, which currently carries an $78 million unrealized loss. The address's four accounts have liquidation prices at $1,414.51, $1,366.11, $1,360.73, and $1,309.53 respectively.
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