Data: Giant whale shorting 750 BTC with 40x leverage, currently facing a floating loss of 1.187 million USD
Cryptanalysis analyst Ai Yi @ai_9684xtpa monitors that user folhas99 opened a 40x short position on BTC when the market dropped, currently holding a position of 750 BTC, with a position size of approximately 49.63 million USD, making it the largest BTC position on the Hyperliquid platform.
The opening price was 64,534 USD, with a liquidation price of 70,730 USD, currently facing an unrealized loss of about 1.187 million USD. On-chain data shows that this address has placed a limit sell order at the 55,000 USD level, which would realize a profit if the price drops by about 11,000 USD.
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