A certain whale briefly added around $78.6 million to a BTC short position, now the largest BTC bear on Hyperliquid

BlockBeats News, December 19, according to HyperInsight monitoring, in the past 1 hour, a whale with an address starting with 0xa8 has continued to increase its 40x leveraged BTC short position. As of the time of writing, they have added approximately $78.61 million, with the current position size around $94.08 million. The average price is $87,200, the liquidation price is $89,400, and the unrealized gain is $360,000 (11%). Additionally, the address has placed a limit stop-loss order at a BTC price of $88,000 to $88,300 and limit take-profit orders at $79,000 to $83,000.

According to monitoring, since opening the BTC short position on December 8, this address has closed and rolled positions multiple times, realizing a profit of nearly $3 million from this short position. Currently, its position size has surpassed that of the "BTC OG Insider Whale" BTC long position and is now the largest BTC short on Hyperliquid.