Whale Loses $20.17M in 20 Days, Holds $106.6M in Short Positions

Whale Loses $20.17M in 20 Days, Holds $106.6M in Short Positions

N
News Editor
2026-09-06 15:23:03
Onchain Lens data reveals a whale trader has incurred $20.17 million in losses over 20 days. The trader deposited $4.5 million USDC as additional margin on Hyperliquid, following an earlier $10.2 million deposit. The trader holds $106.6 million in short positions, with an unrealized loss of $19.62 million. The ZEC short lost $14.19 million, and the HYPE short lost $5.32 million.

Onchain Lens says a whale trader has racked up $20.17 million in losses in 20 days. The trader moved $4.5 million USDC into Hyperliquid from Crypto.com and Binance, after an earlier $10.2 million deposit two days before. Big positions. The trader is sitting on $106.6 million in shorts, with an unrealized loss of $19.62 million. More specifically, the ZEC short is down $14.19 million, while the HYPE short is down $5.32 million.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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