Data: Hyperliquid 50x whale opens 40x BTC short position, with a position value of $160 million
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According to ChainCatcher's message, on-chain data analyst Yu Jing monitored that the "Hyperliquid 50x Whale" closed their spot and contract long positions on LINK 4 hours ago, resulting in a loss of $1.27 million.
After closing the LINK position, the same address is now using a $3.75 million margin to short 1,937 BTC at 40x leverage on Hyperliquid. The position value is $160 million.
The entry price is $84,287, and the liquidation price is $85,158.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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