The largest BTC short seller, known as "pension-usdt.eth," has increased their position by $29.4 million, bringing their total position to $102 million.

BlockBeats News, May 28th, according to Coinbob Popular Address Monitor, the largest BTC short position on Hyperliquid, known as "pension-usdt.eth," once again added approximately 400 coins to its short position, worth around $29.4 million. As of the time of writing, its 3x leveraged BTC short position has reached $102 million, with an average entry price increased to $69,423. Currently, it is still holding an unrealized loss of about $5.5 million (-16%).

It is reported that this address has been heavily shorting BTC since April 1st, during which it experienced a significant unrealized loss and later added an ETH short position, with the peak unrealized loss reaching as high as $16 million. Yesterday, as the ETH short position turned profitable and was closed out completely, the funds used for this round of additional shorting were the margin released from closing the ETH short position.

Address: 0x0ddf9bae2af4b874b96d287a5ad42eb47138a902