PANews reported on March 22 that, according to on-chain analyst Ai Yi, the whale "UnRektCapital," which is both long on crude oil and short on BTC, has become the second largest short position in Bitcoin on Hyperliquid.

This whale, after adding to its positions today, now holds a 40x short position of 616 BTC, worth $42.29 million, with an opening price of $72,144. It currently has a floating profit of $2.15 million. In addition, it has shorted HYPE, TRUMP, and SILVER, bringing its total short position to $58.588 million, while simultaneously going long on Brent crude oil worth $5.46 million. All five positions are currently showing a floating profit, totaling over $6.6 million.