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Encryption whale investors opened 1100 BTC short positions on Hyperliquid.
Gate News bot message, a cryptocurrency Whale investor has opened a large-scale Bitcoin short position on the Hyperliquid platform, and this investor previously made $13.6 million in realized gains on the platform.
Latest trading data shows that the investor deposited 4 million USDC as margin to open a short position of 1097.47 BTC (approximately 118.8 million USD) with a leverage of 40 times. The entry price for the trade was $107926.6, and the liquidation price is $116510. So far, the unrealized profit for this position has reached $1.176 million.