Whale Doubles Down on Hyperliquid Shorts, Unrealized Loss Hits $19.6M

Whale Doubles Down on Hyperliquid Shorts, Unrealized Loss Hits $19.6M

N
News Editor
2026-09-06 15:31:09
Onchain Lens, a blockchain analytics service, has reported on a whale's activity on Hyperliquid. Two days ago, the whale transferred $10.2 million from a centralized exchange to Hyperliquid, then deposited an additional $4.5 million in USDC. The whale's current short position totals $106.6 million, with an unrealized loss of $19.62 million. The ZEC short position accounts for $14.19 million in floating losses, while the HYPE short position accounts for $5.32 million. Over the past 20 days, the whale's cumulative losses have reached $20.17 million.

Onchain Lens, the blockchain monitoring service, says a whale has been piling into a short position on Hyperliquid. Two days ago, that whale shifted $10.2 million from a centralized exchange (CEX) to Hyperliquid, then added another $4.5 million in USDC. Right now, the whale’s short position is worth $106.6 million, with an unrealized loss sitting at $19.62 million. The breakdown is blunt: the ZEC short is showing a floating loss of $14.19 million, while the HYPE short is showing a floating loss of $5.32 million. And over the last 20 days, the whale’s total reported losses have reached $20.17 million.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
700

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.