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hypurrscan data shows that the "Hyperliquid 50x insider Whale" urgently dropped its position and raised the liquidation price to $108,720.
Previously, it opened a short position of 826 BTC with 40x leverage, with the position valued at 88.36 million dollars. The opening cost price was 107,192 dollars, and the liquidation price was 108,500 dollars.
According to previous reports, James Wynn and the "50x Insider Whale" opened a counter position on Hyperliquid, attracting market attention.