Data: A certain whale has liquidated its BTC spot position and taken a short position, with a holding size reaching 120 million USD, becoming the largest BTC short on the chain

According to HyperInsight monitoring, whales transferred nearly $20 million in BTC spot on the 19th, subsequently sold all of it, and used the funds to open 10x leveraged BTC and ETH short positions. The current total position size has reached $122 million, making it the largest BTC short whale on Hyperliquid.

Its main short positions are:

• 10x BTC short: position size $120 million, average price $87,300, unrealized loss $1.26 million (-10%); liquidation price $101,000;
• 10x ETH short: position size $2.14 million, average price $2,920, unrealized loss $55,000 (-25%).