A major whale has recently added approximately $78.6 million in BTC short positions, becoming the largest BTC short holder on Hyperliquid.
BlockBeats News, December 19, according to monitoring by HyperInsight, in the past hour, the whale starting with address 0xa8 has continued to increase its 40x leveraged BTC short position. As of press time, it has increased its holdings by approximately $78.61 million, with the current position size around $94.08 million, an average price of $87,200, a liquidation price of $89,400, and an unrealized profit of $360,000 (11%). In addition, this address has set limit stop-loss orders at $88,000 to $88,300, and limit take-profit orders at $79,000 to $83,000.
According to monitoring, since opening the BTC short position on December 8, this address has closed and rolled over positions multiple times, and this short position has already realized a profit of nearly $3 million. Its current position size has surpassed the BTC long position of the "BTC OG Insider Whale," making it the largest BTC short on Hyperliquid.
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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