Data: "Hyperliquid 50x Whale" BTC short position turns into floating loss, estimated liquidation price is $85,565

ChainCatcher news, according to hypurrscan data, the "50x leverage whale" previously opened a 40x BTC short position on Hyperliquid when Bitcoin was at $83,923.2. With a slight rebound in Bitcoin and the addition of leveraged funding costs, this position is currently at a floating loss, with an estimated liquidation price of $85,565.

Earlier news, a "whale hunting operation" targeting the Hyperliquid 50x leverage whale has already begun, and Justin Sun may have joined.