On December 22nd, according to HyperInsight monitoring, a whale with the account starting with 0x94d transferred nearly $20 million worth of BTC spot trading on the 19th, subsequently selling it all and using the funds to open 10x leveraged short positions in BTC and ETH. Its current total holdings reach $122 million, making it the largest short whale on Hyperliquid for BTC. Its main short positions are:
10x BTC short position: open interest $120 million, average price $87,300, unrealized loss $1.26 million (-10%); liquidation price $101,000;
10x ETH short position: Position size $2.14 million, average price $2,920, unrealized loss $55,000 (-25%).


