Hyperliquid Whale Initiates 40x Bitcoin Short Position

Source
Uk Jin

Summary

  • A well-known whale on Hyperliquid (HYPE) has reportedly opened a large-scale Bitcoin short position.
  • This whale has a track record of recording $13.6 million in profits, and it was announced that this time, they opted for a 40x leveraged short position.
  • The entry price is $107,926.6, and the current unrealized profit is said to be around $1.17 million.

A well-known whale on Hyperliquid (HYPE) has reportedly opened a large-scale bearish bet (short position).

According to SpotOnChain on the 8th (KST), the whale who previously earned $13.6 million in profits on Hyperliquid opened a 40x leveraged Bitcoin short position on this day.

The entry price is $107,926.6, and the liquidation price is $116,510. The current unrealized profit is approximately $1.17 million.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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