Putting a “small goal” on the table to short Bitcoin? #Hyperliquid top whale `0xfc27...59d9d` is currently holding a $BTC 25x short position worth $100 million🚨
The address just added another $1.4 million, bringing its total 25x BTC short position to a full $100 million (about 1,226 BTC). The latest average entry price was adjusted slightly to $81,548.2.
Notably, after adding to the position, the liquidation price rose from $92,216 to $93,451.6 (widening the buffer from the entry price to 14.6%), clearly indicating that a sizable amount of margin was added at the same time to avoid being targeted and blown up by the bulls. With a $100 million short position sitting out in the open as the opposing side, could the balance between bulls and bears be shifting? 👀
Position tracker: hypurrscan.io/address/0xfc27136e42af1732ddc9ce2605ea9bff1b959d9d$BTC