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Two on-chain whales with 40x leverage "face-to-face" shorting BTC, with liquidation line less than 1% away from the opening price
BlockBeats News, April 29 — According to Hyperinsight monitoring, in the past hour, after BTC rebounded above $77k, two whales on the Hyperliquid platform simultaneously opened 40x leveraged BTC short positions near that price level, totaling approximately $9 million, with an average price of about $77,100.
Both addresses have liquidation lines set around $77,900, less than 1% away from the opening price. If BTC rises back to $78k, there could be a $9 million liquidation event on-chain.
Address: 0xd736d75130dfe60e0f93a8788cc0e0bbf0eb35e1
Address: 0x8fcc8f55d7a8cdaee770a9e4112725d4a2c60492