On the morning of August 17, Hyperliquid’s top short sellers on BTC were still adding to their positions against the trend:
- The #2 ranked address this morning sold short an additional 450 BTC at $62,858~$63,435 (about $28.35 million), increasing its position to 1,700 BTC. The short position is approximately $107 million, with an average cost of $64,016, an unrealized profit of $1.128 million, and a liquidation price of $64,983.
- Since opening its short position on 8/5, the #1 ranked address has closed 1,490 BTC in total over 30 position-reducing actions, and all were done at a loss. The cumulative losses plus fees are about $9 million. Its current position is 2,000 BTC, with a short position of approximately $127 million, an average cost of $63,582, and a liquidation price of $63,579.
The two major shorts combined are approximately $234 million.
- The #2 ranked address this morning sold short an additional 450 BTC at $62,858~$63,435 (about $28.35 million), increasing its position to 1,700 BTC. The short position is approximately $107 million, with an average cost of $64,016, an unrealized profit of $1.128 million, and a liquidation price of $64,983.
- Since opening its short position on 8/5, the #1 ranked address has closed 1,490 BTC in total over 30 position-reducing actions, and all were done at a loss. The cumulative losses plus fees are about $9 million. Its current position is 2,000 BTC, with a short position of approximately $127 million, an average cost of $63,582, and a liquidation price of $63,579.
The two major shorts combined are approximately $234 million.