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A major whale is heavily shorting approximately $52.89 million worth of BTC, opening at a price of $75,919.
Mars Finance reports that on April 19, according to Onchain Lens monitoring, a whale deposited 3 million USDC into Hyperliquid and subsequently increased its short position in BTC. Currently, this address holds 700 BTC (30x leverage) in a short position, worth approximately $52.89 million, with an opening price of $75,919, and a liquidation price of $80,839.93.