Data: Hyperliquid 50x whale opened a 40 times BTC short position, with a position value of 160 million US dollars

ChainCatcher reports, according to on-chain data analyst Yu Jin's monitoring, "Hyperliquid 50x Whale" closed its spot and futures double long positions on LINK that were opened yesterday, four hours ago. This operation resulted in a loss of $1.27 million.

After closing the position on LINK, this address is now shorting 1937 BTC with a leverage of 40 times using $3.75 million U as margin on Hyperliquid. The position value is $160 million. The opening price was $84,287 and the liquidation price was $85,158.