Odaily Planet Daily News According to Ember's monitoring, Hyperliquid's 50x leveraged whale has now shorted BTC with all positions, and this position is the largest in its history, with a total value of up to 520 million.
6210 BTC (worth $520 million) were shorted with 40x leverage, with a cost price of $83,898 and a liquidation price of $85,561.
To this end, he transferred 16.75 million USDC to the Hyperliquid account as margin, which is also all the funds in his address (including millions of principal + more than 10 million USDC in profits in the past month).
Previously, he had closed about 500 BTC short orders through the TWAP strategy and then stopped the operation. At the same time, his two small long orders of MELANIA and HYPE have all been closed, with a slight loss. Subsequently, he added BTC short orders again.