ChainCatcher reported that on-chain analyst Ai Yi monitored a Bitcoin whale that previously opened a $102 million short position on BTC. After losing $811,000, the whale added to the position for a second time. Early this morning, the whale increased its short by 533.02 BTC. Total holdings in the position now stand at 1,313 BTC, approximately $84.02 million at the current market value. The average opening price of the whole position is $64,183 per Bitcoin. At present, the short is showing an unrealized profit of $251,000 and remains the largest BTC position on Hyperliquid, ranked TOP1 by size. The position has been running since August 5, almost one week. BTC dropped below $64,000 for the first time overnight. The original trade had a notional value of $102 million. After booking an $811,000 loss, the whale added another 533.02 BTC, bringing the updated short to 1,313 BTC. The Hyperliquid position is now worth about $84.02 million, with an unrealized gain of $251,000. This activity was tracked by on-chain analyst Ai Yi, who flagged the changes in the whale's account.
According to on-chain analyst Ai Yi, a whale that had opened a $102 million Bitcoin short added 533.02 BTC to the position early this morning, after booking an $811,000 loss. The total short now stands at 1,313 BTC, roughly $84.02 million, with an average opening price of $64,183. It is currently sitting on an unrealized profit of $251,000 and remains the top BTC position on Hyperliquid.
Opened since August 5, the position is nearly a week old. BTC broke below $64,000 for the first time overnight, while the whale's average entry is set at $64,183.
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