On July 8, according to Spotonchain monitoring, a whale who previously realized a profit of $13.6 million on Hyperliquid returned to the market, opening a high-risk 40x leveraged short position on BTC. Current BTC trading details:
• Total USDC deposit for margin: $4 million
• Position size: 1,097.47 BTC (approximately $118.8 million)
• Entry price: $107,926.6
• Liquidation price: $116,510
• Unrealized profit and loss: +$1.176 million (including funding fees)





