Data: Hyperliquid 50x giant whale opens a 40x BTC short position, position value 160 million USD

ChainCatcher news, according to on-chain data analyst Yu Jin's monitoring, the "Hyperliquid 50x Whale" opened a long position in both spot and futures for LINK yesterday and closed it 4 hours ago, resulting in a loss of 1.27 million USD.

After closing the LINK position, this address has now shorted 1,937 BTC on Hyperliquid with a margin of 3.75 million USD at 40x leverage, with a position value of 160 million USD.

Opening price: 84,287 USD, liquidation price: 85,158 USD.