TechFlame reports that according to Lookonchain monitoring, whale 0x5D2F's BTC and ETH short positions have now lost more than $8.6 million as the market rebounds. To avoid being liquidated, he has deposited $8 million in USDC to increase his security deposit. Current short positions: 2,041 BTC (approximately US$236 million) 500 ETH (approximately $2.25 million)