「Hyperliquid 50x Whale」 Opens 40x BTC Short, Position Worth $160M

BlockBeats News, March 15th, According to on-chain data analyst Yu Jin's monitoring, the "Hyperliquid 50x Whale" closed its spot and contract long positions in LINK, which were opened yesterday, 4 hours ago. This operation resulted in a loss of $1.27 million.

After closing the LINK position, the address has now used 3.75 million USDT as 40x leverage collateral on Hyperliquid to short 1,937 BTC, with a position value of $160 million. The entry price was $84,287, and the liquidation price is $85,158.