Hyperliquid 50x leverage whale continue to increase short positions, BTC short positions are worth $330 million, and the liquidation price is $84,745
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Odaily reported that on-chain analyst Yujin monitored that the 50x leveraged whale on Hyperliquid continues to increase its short positions, currently holding a BTC short position worth $330 million. Specifically, the whale used 7.016 million USDC as margin on Hyperliquid, using 40x leverage to short 3,960 BTC, worth $330 million. The entry price is $84,040, the liquidation price is $84,745, and the current unrealized profit is $1 million.
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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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