A BTC short whale placed 100 'reduce-only' buy orders worth about $28.3 million across the $76,700–$76,800 range on September 1, according to TradingBeats. The orders are set to repurchase 369 BTC, covering the address's entire existing short position. The wallet is currently shorting 369.058 BTC at 5x leverage, with a position value of roughly $28.9 million and an average entry price of $73,863.9. With BTC trading at $78,444, the short position is showing a floating loss of about $1.69 million, a return of roughly -31%. The reduce-only orders carry a weighted price of approximately $76,750, meaning BTC must fall about 2.2% from current levels to reach the fill range. Should all orders fill, the address would still record a loss of roughly $1.07 million, but its floating loss would narrow by about $623,000. TradingBeats, the on-chain perpetual and address analysis tool that monitors Hyperliquid data in real time, is now live, offering visibility from address-level tracing to whale-scale operations.
Short Whale Stacks $28.3M in Reduce-Only Orders
A major BTC short seller placed 100 "reduce-only" buy orders between $76,700 and $76,800 at 6:30 a.m. on September 1, according to on-chain monitoring from TradingBeats. The orders are set to repurchase roughly 369 BTC, worth about $28.3 million in notional value, covering the address's entire short position.
Position Down 31% as BTC Holds Near $78,444
As of writing, the wallet is shorting 369.058 BTC at 5x leverage. The position is valued at about $28.9 million, with an average entry price of $73,863.9. BTC last traded at $78,444, leaving the short with a floating loss of roughly $1.69 million, a return of about -31%.
The weighted price of the reduce-only orders sits near $76,750. BTC would need to fall around 2.2% from the current price for the orders to enter the fill range. If all of them execute, the address would still be down about $1.07 million, but its floating loss would narrow by approximately $623,000.
TradingBeats Now Tracks Hyperliquid Whale Moves
TradingBeats, the on-chain perpetuals and address analysis tool behind this data, is now live. It supports real-time Hyperliquid data, tracing whale operations from individual addresses for a full view of the position book.
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