A whale address beginning with 0xf517 placed a new roughly $25 million Bitcoin limit sell order on Hyperliquid at $89,444 early on Sept. 22, according to TradingBeats. The order is set to sell 279.50 BTC. The same address also kept a take-profit order worth about $6.25 million at $88,777, while total non-reducing sell orders above that level stood at around $30.5 million. As of publication, the wallet still held the existing long position, with an average entry price near $81,273.5, a position value of about $6.034 million, and an unrealized profit of roughly $312,000. No BTC trades had been filled for the address on the day at the time of writing. If the current position and outstanding orders remain unchanged and get filled, the wallet would switch from long to short and could build a short position of as much as 341.38 BTC. The address also continued to keep around $47.196 million in spot buy orders between $67,777 and $78,777, including about $20 million at the $78,777 level.
A whale wallet beginning with 0xf517 added a roughly $25 million BTC regular limit sell order on Hyperliquid at $89,444 early on Sept. 22, according to TradingBeats. The order would sell 279.50 BTC.
Sell-side orders and take-profit level
The same address also kept a take-profit order worth about $6.25 million at $88,777. Total non-reducing sell orders above that level were about $30.5 million.
Current position
As of publication, the address was still holding the long position. Its average entry price was about $81,273.5, with the position valued at around $6.034 million and unrealized profit near $312,000. There had been no BTC fills for the address so far today.
How the position could change
If the current position and pending orders stay unchanged and are filled, the wallet would flip from long to short, with a maximum short position of about 341.38 BTC.
Buy orders below the market
At the same time, the address still had about $47.196 million in regular buy orders between $67,777 and $78,777, including around $20 million at the $78,777 level.
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