PANews reported on July 8 that according to Spot On Chain monitoring, a whale that had achieved a profit of US$13.6 million on the Hyperliquid platform made another move and established a high-risk Bitcoin short position with 40x leverage.
Current BTC transaction details:
- Total margin: 4 million USDC;
- Position size: 1,097.47 BTC (about $118.8 million);
- Opening price: $107,926.6;
- Liquidation price: USD 116,510;
- Unrealized P&L: +$1.176 million (including funding rate).
