An anonymous whale address increased its Bitcoin short on Hyperliquid after the latest U.S. Producer Price Index, or PPI, data was released, according to monitoring from TradingBeats cited by BlockBeats on Sept. 10. The address, 0xe2...3c8c, added roughly 116.8 BTC to the position in batches between 20:39 and 20:54, with the fills valued at about $9 million based on execution prices. That lifted the wallet’s BTC short from about 623.5 BTC to about 740.3 BTC, making it the second-largest BTC short on Hyperliquid.
At the time of publication, the address was holding a 20x short position of about 740.28 BTC with a notional value of roughly $56.92 million. The average entry price was about $78,475, and the position was showing an unrealized profit of around $1.1765 million.
The same address also ranked as the second-largest PONS short on Hyperliquid. It was holding a 3x short on about 8.6701 million PONS, with a position value of about $4.95 million, an average entry price near $0.8101, and an unrealized profit of roughly $2.071 million.
Anonymous whale address 0xe2...3c8c added to a BTC short after the latest U.S. PPI data was released, according to TradingBeats monitoring cited by BlockBeats on Sept. 10.
The address added about 116.8 BTC to the short in batches between 20:39 and 20:54. Based on execution prices, the added size was worth about $9 million. The wallet’s total BTC short increased from about 623.5 BTC to about 740.3 BTC, moving it up to the second-largest BTC short on Hyperliquid.
BTC short position details
As of publication, the address held a 20x BTC short of about 740.28 BTC, with a position value of about $56.92 million. Its average entry price stood at about $78,475, and the position was showing an unrealized profit of about $1.1765 million.
PONS short also ranks near the top
The same address was also the second-largest PONS short on Hyperliquid. It held a 3x short on about 8.6701 million PONS, with a position value of about $4.95 million, an average entry price of about $0.8101, and an unrealized profit of about $2.071 million.
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