Hyperliquid has a whale holding a short position of 32.36 million USD in Bitcoin, with a leverage of 13 times and an opening price of 82,863 USD

A giant whale trader on Hyperliquid holds 391.48 Bitcoin short positions, with a position value of 32.36 million USD and an average opening price of 82,863.1 USD. The account equity is 7.19 million USD, using full margin and 13x leverage, with a liquidation price of 99,801.2 USD.

Data from Hyperbot shows that this account has executed a total of 4,726 trades, with a profit of 952,200 USD from perpetual contracts in the past week and a maximum drawdown of 11.03%. As of the time of the relevant information disclosure, the short position has a profit of approximately 75,500 USD, with funding fees of 64,249.75 USD. This position emerged on the anniversary of the large-scale liquidation event in the cryptocurrency market on October 10, 2025. The open interest in the Hyperliquid Bitcoin market is approximately 38,040 Bitcoin, with this account's position accounting for about 1% of that.

Data from Coinglass shows that if Bitcoin rises to 85,000 USD, approximately 3.3 billion USD in short positions will face liquidation. Data from Polymarket indicates that the probability of Bitcoin reaching 100,000 USD before December 31, 2026, is 27.5%. The net inflow for the spot Bitcoin ETF is 21.13 million USD, with BlackRock's IBIT leading the way.