Nearly $100 million wagered on a massive BTC short?! #Hyperliquid top whale `0xfc27...59d9d` is heavily shorting $BTC with 25x leverage, and the total position has surged to $97.11 million 🐋
That address just added another $530,000 to its short position; its BTC short is now worth a whopping $97.11 million (about 1,190 BTC), with an average entry price of $81,580 and a liquidation price of $92,216.6—just about 13% above the entry price.
Taking a nearly $100 million position on-chain for everyone to see—does this whale believe the market has peaked in the short term, or are they hedging a large spot-futures position? Is the balance between bulls and bears about to shift? 👀
Position tracker: hypurrscan.io/address/0xfc27136e42af1732ddc9ce2605ea9bff1b959d9d$BTC
That address just added another $530,000 to its short position; its BTC short is now worth a whopping $97.11 million (about 1,190 BTC), with an average entry price of $81,580 and a liquidation price of $92,216.6—just about 13% above the entry price.
Taking a nearly $100 million position on-chain for everyone to see—does this whale believe the market has peaked in the short term, or are they hedging a large spot-futures position? Is the balance between bulls and bears about to shift? 👀
Position tracker: hypurrscan.io/address/0xfc27136e42af1732ddc9ce2605ea9bff1b959d9d$BTC
