A Whale closed all positions on BTC Spot and took the opposite position in shorting, with a holdings size reaching 120 million USD, becoming the largest short positions on-chain for BTC.
According to BlockBeats news on December 22, monitored by HyperInsight, a Whale starting with 0x94d transferred nearly 20 million USD in BTC Spot on the 19th, then sold all and used the funds to open 10x leveraged BTC and ETH short positions. The current total Holdings scale has reached 122 million USD, making it the largest short Whale on Hyperliquid for BTC. Its main short positions are: 10x BTC short order: Holdings scale 120 million USD, average price 87,300 USD, unrealized losses 1.26 million USD (-10%); liquidation price 101,000 USD; 10x ETH short order: Holdings scale 2.14 million USD, average price 2,920 USD, unrealized losses 55,000 USD (-25%).
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A Whale closed all positions on BTC Spot and took the opposite position in shorting, with a holdings size reaching 120 million USD, becoming the largest short positions on-chain for BTC.
According to BlockBeats news on December 22, monitored by HyperInsight, a Whale starting with 0x94d transferred nearly 20 million USD in BTC Spot on the 19th, then sold all and used the funds to open 10x leveraged BTC and ETH short positions. The current total Holdings scale has reached 122 million USD, making it the largest short Whale on Hyperliquid for BTC. Its main short positions are: 10x BTC short order: Holdings scale 120 million USD, average price 87,300 USD, unrealized losses 1.26 million USD (-10%); liquidation price 101,000 USD; 10x ETH short order: Holdings scale 2.14 million USD, average price 2,920 USD, unrealized losses 55,000 USD (-25%).