Hyperliquid continues to increase its short positions with 50x leverage, currently holding $330 million in BTC short positions
The on-chain analyst, Ember Monitoring, stated that the Hyperliquid 50x leverage whale continues to increase its short positions, currently holding BTC shorts worth 330 million.
Specifically, this whale uses 7.016 million USDC as margin on Hyperliquid to open a short position of 3960 BTC with a 40x leverage, valued at $330 million.
The opening price was $84,040 and the liquidation price is $84,745. Currently it has an unrealized profit of 1 million dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
RED briefly broke through $0.85
U.S. President Trump signs government spending bill to avoid government "shutdown"
MoonPay obtains money transmission license in Wisconsin
Trending news
MoreCrypto prices
More
