BIT-related address deposits 5.84M USDC to lower ETH liquidation price

According to Lookonchain, an address related to BIT (formerly Matrixport) has deposited an additional 5.84 million USDC to reduce its liquidation risk as the unrealized loss on its 120,000 ETH long position has grown to around $78 million. The current ETH liquidation prices for the four whale addresses are now $1,414, $1,366, $1,360, and $1,309, respectively.