One trader is sitting on a massive BTC short ... and the numbers are getting wild. An anonymous Hyperliquid trader known as VBVIT is currently holding a 25x leveraged short of 1,376.07 $BTC , worth roughly $104 million.
The average entry? $79,860.8. That position is now showing around $4.89M in unrealized profit, with another $426K earned through funding fees.
But there's more to the picture. The account's total position value is around $163M, and roughly 95% of its exposure is on the short side. #BTC alone makes up 63.8%.
That's a pretty heavy bearish bet. The big question now: how long can this trader keep riding it?
Address; 0xfc27136e42af1732ddc9ce2605ea9bff1b959d9d