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🚨 Hyperliquid data shows:
An unknown whale at address 0x5d has opened a $BTC short position, full leverage 20X, entry average price $111,499.3, liquidation price $101,326.1, with a total position value of about $81.72 million.
This whale has been holding the short position for quite a while, currently profiting $16.9 million, but has paid nearly $10 million in funding fees.
$BTC