According to Hyperliquid News, a whale deposited $2.441 million in USDC into Hyperliquid a week ago and started shorting Bitcoin. After several rounds of closing positions, the whale now holds 1,625 BTC in shorts, with a position value of $103.3 million and account equity of $2.432 million. Leverage exceeds 40 times. The whale has also used unrealized profits to increase its position size. Its current liquidation price is 1.12% above BTC's spot price.
According to Hyperliquid News, a whale transferred $2.441 million in USDC to Hyperliquid a week ago and began shorting Bitcoin. After multiple rounds of closing positions, the whale currently holds 1,625 BTC in short positions, worth $103.3 million. Account equity is $2.432 million, putting leverage at more than 40 times. The whale has also used unrealized gains to add to its position size. Currently, its liquidation price sits 1.12% above the spot price of BTC.
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