Anonymous whale adds to short position on BTC after PPI release, rises to second-largest BTC short on Hyperliquid

BlockBeats news, September 10th, according to TradingBeats monitoring, anonymous whale address 0xe2...3c8c increased its short position on BTC after the latest U.S. PPI data was released. The address added approximately 116.8 BTC in batches from 20:39 to 20:54, with an estimated value of about $9 million based on the execution price. Its BTC short position increased from about 623.5 BTC to about 740.3 BTC, rising to the second-largest BTC short on Hyperliquid.

As of press time, the address holds a 20x short position of about 740.28 BTC, with a position value of about $56.92 million, an average entry price of about $78,475, and current unrealized profit of about $1.1765 million.

In addition, the address is also the second-largest short on PONS on Hyperliquid, holding a 3x short position of about 8.6701 million PONS, with a position value of about $4.95 million, an average entry price of about $0.8101, and current unrealized profit of about $2.071 million.