A certain whale has opened a $52 million short position, becoming the largest BTC bear on Hyperliquid.

BlockBeats News, June 9th, according to Hyperinsight monitoring, the largest short position on BTC on Hyperliquid today was observed. The whale opened a short position with 20x leverage, shorting 831.4 BTC, with a value of approximately $52 million, at an average price of $62,675 and a liquidation price of $69,909.

However, this whale is not a long-term bear. They engage in quick trades on BTC and ETH, achieving a 9-game winning streak and a weekly profit of $710,000.

Address: 0x50b309f78e774a756a2230e1769729094cac9f20