Hyperliquid: the two largest BTC short positions total approximately $227 million.
The second-largest short, 0x8c96…ca57, today continued increasing its short position by 350 BTC at $62,858–$63,175 (about $22.03 million), bringing its holdings to 1,600 BTC.
Current short position value is about $101 million, cost $64,051.8, unrealized profit of about $1.488 million, with a liquidation price of $65,127.56.
Top short holder 0xff84…8f1d is close to repairing losses:
Cumulatively closed shorts of 1,490 BTC across 30 partial reduction transactions, all at a loss; realized loss plus fees of about $0.9999 million.
It still holds a short position of 2,000 BTC worth $126.2 million, with a cost of $63,581.5, unrealized profit of $0.9839 million—basically covering the earlier losses.
Its liquidation price is $63,577.86, only about 0.76% away from the mark price, leaving very limited liquidation buffer.
Data is for reference only and does not constitute investment advice.
The second-largest short, 0x8c96…ca57, today continued increasing its short position by 350 BTC at $62,858–$63,175 (about $22.03 million), bringing its holdings to 1,600 BTC.
Current short position value is about $101 million, cost $64,051.8, unrealized profit of about $1.488 million, with a liquidation price of $65,127.56.
Top short holder 0xff84…8f1d is close to repairing losses:
Cumulatively closed shorts of 1,490 BTC across 30 partial reduction transactions, all at a loss; realized loss plus fees of about $0.9999 million.
It still holds a short position of 2,000 BTC worth $126.2 million, with a cost of $63,581.5, unrealized profit of $0.9839 million—basically covering the earlier losses.
Its liquidation price is $63,577.86, only about 0.76% away from the mark price, leaving very limited liquidation buffer.
Data is for reference only and does not constitute investment advice.