The whale holding the largest $BTC short position on Hyperliquid added another $36.5 million to the position an hour ago.

This wallet opened the position six days ago at a price level of $63,852; the position size reached $135.76 million, accounting for 7.54% of the $BTC Open Interest on Hyperliquid.

With the price having dropped by approximately $300–$400, the wallet is currently sitting on an unrealized profit of around $545,000 (excluding funding rates), reflecting significant volatility.

This could drastically impact $BTC's price trajectory in the near future.

Liquidation price: $64,593.

Let's stay tuned for interesting developments regarding this wallet.
$VELVET
$AT