「Buddy」 has started using funds from a deposit made 5 years ago to go long, possibly indicating a liquidity shortage.
BlockBeats News, February 17th, according to Arkham monitoring, The "Buddy" Hyperliquid account value has today dropped to $1 million, while just 5 months ago, its account value was over $50 million. It is worth noting that its recent replenishment funds came from the PleasrDAO treasury (deposited by "Buddy" 5 years ago), which may indicate that "Buddy's" available liquidity is close to depletion.
In addition, in the last 12 hours, "Buddy" is still slightly leveraged on long positions, with the current total position value of about $15.87 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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