"Hyperliquid 50x Whale"short BTC 40 times, with a position value of US$160 million

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According to monitoring by @EmberCN, 4 hours ago, a Hyperliquid 50x whale who had previously gone long on LINK in both the spot and futures markets closed their position, incurring a loss of $1.27 million. They have now opened a 40x short position on 1,937 BTC on the Hyperliquid platform with a margin of $3.75 million, at an entry price of $84,287, with a position value of $160 million, and a liquidation price of $85,158.

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