「Today's Largest BTC Short Position」 opened a $15.5 million short position, with a half-day unrealized profit of 63% on the principal.

BlockBeats News, June 18th, according to Hyperinsight monitoring, as of the time of reporting, there is only 1 whale on the Hyperliquid platform today who has opened a position and still holds a multi-million dollar BTC position. This whale had previously gone long on crude oil during the US-Iran conflict and suffered a significant loss, then exited and remained silent for about half a month.

Last night, this address deposited $465,000 into Hyperliquid again and shorted 237.6 BTC with 30x leverage, with a position value of approximately $15.5 million. The average entry price was $65,207. Currently, this short position has unrealized gains of about $320,000, with a return of 63%. The whale plans to trigger a market price stop-loss if BTC rises to around $71,604.

Address: 0xf35aad55c9941333bfdc69175eba123d8b01338a