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🔥Whale opens a 16x leveraged short position on BTC, with a position size of $50.6 million, having previously sold 1,351 ETH.
On April 24th, according to Hyperinsight monitoring, in the past half hour, an address starting with 0x310 opened a 16x leveraged BTC short position on the Hyperliquid platform, with a size of 653 BTC (approximately $50.6 million), an average price of $77,470, and a liquidation price of $81,308. It is currently the 2nd largest BTC holding on Hyperliquid.
About ten days ago, this new address and related addresses withdrew 1,351 ETH spot from HitBTC, then sold it on Hyperliquid, cashing out about $3.18 million.
After multiple positions, the total profit as of today is $720k.
Address: 0…
#btc #eth #hype